Red Brick’s Post

NEW BLOG | Modern Methods of Construction: A solution to the linked crises in housing and construction skills Bob Weston (Weston Homes Plc) lays out the potential advantages of pivoting to the greater use of MMC, and what the sector needs from government https://lnkd.in/ewa2bh-u

Bob Weston, Chairman, Weston Homes said: “Building for Britain will require an industrial strategy that recognises the critical importance advanced manufacturing and innovation in housebuilding. MMC is at the forefront of this transformation, offering a pathway to a more efficient, sustainable, and affordable housing market.”

We are very pleased to share that our Chairman, Bob Weston, has had an article published on Modern Methods of Construction (MMC), and how it can: 🔨 Help to ease the construction skills crisis 🏠 Deliver homes faster and cheaper 🌳 Lower the environmental impact of building This was published in Red Brick Blog, a publication for progressive housing policy debate. Bob Weston, Chairman, Weston Homes said: “Building for Britain will require an industrial strategy that recognises the critical importance advanced manufacturing and innovation in housebuilding. MMC is at the forefront of this transformation, offering a pathway to a more efficient, sustainable, and affordable housing market.” https://lnkd.in/ewa2bh-u   #Housing #MMC #ModernMethodsOfConstruction #Progressive #Construction #WestonHomes #BritishOffsite

Residential construction hits low not seen since 1987: According to a new report, money is still flowing into the construction industry but more and more of it is being dedicated to renovating. https://bit.ly/4eNWHVV

This thorough and thought-provoking report about the benefits of off-site construction is worth a read. “With proper planning and coordination, modular building has the potential to reduce construction costs and increase cost predictability, helping address the housing affordability crisis.”

Residential upgrades dominate construction activity in Windhoek: …trend may reflect economic caution by property owners August 2024 saw an increase in the number of completed building projects within the City of Windhoek, surpassing both July 2024 and August 2023, but despite this rise in construction activity, the overall value of these completed projects experienced a sharp decline.

With growing pressure to deliver more homes on tight budgets, hybrid construction offers a promising solution for developers to meet the government's ambitious housing targets. This article shares why: https://bit.ly/3Zjq6Se #HybridConstruction #ConstructionTrends #HousingConstruction

It's been a tough start to 2024 for construction. Glenigan's review showed that major project starts were down 41% on last year, with underlying works down 21%. There is some hope though; with non-residential starts in community projects up 19%, and health starts up by 26%. Read the full review and report 👇 https://lnkd.in/ew-i3dKU

Across the U.S. residential and commercial sectors, modular construction was estimated to represent more than 6.6% of new construction started in 2023. The reduction in labor, time and procurement expenses that modular promises allow it to accelerate development schedules by 30% to 50%. #modular #affordablehousing #offsiteconstruction #modularconstruction

Why homebuilding activity is weak. Australia’s residential construction industry is facing pricing and productivity challenges, which is limiting the amount of new housing that is being built. The Cordell Construction Cost Index, which tracks the change in the cost of labour and materials to construct a lowset detached house, rose 1.0% in the September quarter. This was up from 0.5% in the June quarter, but well below the peak of 4.7% in the September 2022 quarter (see graph). Nevertheless, challenges remain for new housing supply, according to CoreLogic's head of residential research, Eliza Owen. “The stickiness in construction costs without an offset in increased productivity is likely to lead to less project feasibility and low approvals. The particularly low levels of apartment development will also mean a higher ratio of demolitions to dwellings completed, and lower net completions than in the 2010s,” she said. “There are some signs of capacity easing at the early stages of construction, such as in commencement times for detached houses, but more must be done to increase the capacity and productivity of the sector.”