Prefabricated house providers are also feeling the downturn in the industry. Building permits for one- and two-family houses in prefabricated wooden construction fell by 38.1 percent in 2023 compared to the previous year.

“Our piece of the pie in the housing market is getting bigger, but the pie itself is getting smaller and smaller,” says BDF managing director Achim Hannott. The overall market for new homes has roughly halved within two years.