After years of crippling delays and a housing market held hostage by construction bottlenecks, a seismic shift is underway across Australia’s building sites.

In a long-awaited victory for frustrated homebuyers, new data reveals that the agonising wait for a newly built home is finally, decisively shrinking.

Master Builders Australia’s latest analysis of Australian Bureau of Statistics data confirms a tangible and significant reduction in the time it takes to complete homes.

Townhouses are now being completed five weeks faster, with typical build times dropping to 14.8 months.

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