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New data sheds light on homebuilding backlogs


New data sheds light on homebuilding backlogs

Marine Sargsyan, staff economist for Houzz, says, "Labor shortages are a leading challenge among residential builders, remodelers and designers. Houzz research shows a range of three to six weeks before subcontractors can begin work on a new project, with the most significant backlogs among masonry and cabinetry services. These wait times highlight the need for careful planning and coordination to ensure timely project completion."

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