TORONTO, April 15, 2025 (GLOBE NEWSWIRE) — To reach Ontario’s bold goal of 1.5 million homes by 2031, we need to be building more homes significantly faster than currently. Luckily, we have a proven solution – and much of what we need, from innovative building techniques to mass timber and Canadian steel, is right here in Ontario’s backyard.
Today, the Ontario Real Estate Association (OREA) released a new policy report, titled Building More, Building Faster, outlining the importance of embracing factory-built homes as a key part of the solution to address Ontario’s ongoing housing supply and affordability crisis. This approach would save time and money during construction, without compromising quality or neighbourhood aesthetics.
Factory-built, or prefabricated housing, is a fast-growing area of homebuilding where homes are constructed in a factory – often using prefabricated 3D components – and …