Prefab construction is here, and it’s happening. The combination of a severe labor shortage and extreme shortfalls in housing supply is driving a renewed interest in prefabricated construction as a more cost-efficient alternative to traditional building.

After a year marked by numerous price spikes, construction costs declined in December but remained elevated compared to year-earlier prices

New labor department figures demonstrate how new tariffs have increased the costs of key construction materials, with metal materials experiencing double-digit percent increases.