Prefabricated construction materials are making waves in the industry, with the global market set to grow from $90.2B in 2025 to $151.2B by 2033 at a 6.8% CAGR. Notably, the residential sector is leading the way, holding a 54% market share, while the Asia Pacific region accounts for a strong 42.8%. Having a background in both real estate and construction, I pay close attention to shifts like these, as they can impact the types of homes we see in West Toronto and the choices available to buyers and sellers. Understanding how prefabricated materials are shaping the residential landscape allows me to better guide clients through every stage of their real estate journey, ensuring you’re informed and prepared for what’s ahead.
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