By The Herald Editorial Board

The Legislature's $43.7 billion two-year budget—which took negotiations within hours of a partial state government shutdown—is signed, but some lawmakers haven't had quite enough brinkmanship for the year.

Now the state's $4 billion capital budget, which provides the funding for construction of public schools, colleges, universities, community and youth facilities, parks, environmental projects, and more, is being held up by the Republican-controlled Senate until lawmakers can resolve a disagreement over water rights for private development.

Santa steps in for Shannon this week to wish all of our members happy holidays and remind everyone the MBA Housing Center will be closed from noon on December 23 until 8 a.m. January 3.

Please be advised that staff will also be off during this time.

By MBAKS Senior Policy Analyst Allison Butcher

Building permit data from the Census Bureau show 8,430 single-family permits and 16,764 multifamily permits issued in the Seattle metro area through November of last year. This represents an 8 percent decline in single-family permits and a 5 percent increase for multifamily permits compared to the same period in 2017. The release of building permit and other housing data was delayed as a result of the federal government shutdown.

The Builder's Bulletin is intended to provide a convenient way to track housing in our market and includes information from the Northwest Multiple Listing Service, State of the Cities Data Systems, Office of Financial Management and the Washington State Employment Security Department.

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