By MBAKS Senior Policy Analyst Allison Butcher

The unemployment rate for Seattle, Bellevue, and Everett jumped to 14.5% in April, reflecting major job losses due to COVID-19. Statewide, the construction industry lost 81,000 jobs between March and April, a 32.5% drop. Meanwhile, home prices have been holding steady, with year-over-year median home prices up in King and Snohomish counties amid continued low housing inventory.

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.

Download this month's report:

By MBAKS Senior Policy Analyst Allison Butcher

The latest Builder’s Bulletin shows just over two months’ supply of homes for sale in King and Snohomish counties during November. While this is an increase from the less than one months’ supply a year ago, it is still below the four-to-six-month level that many industry analysts consider as an indicator of a healthy market. Median home prices fell month-over-month from $613,509 to $605,000 in King County and rose from $445,000 to $450,000 in Snohomish County.

The Builders' 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.

Download this month's report:

Each election cycle, our Affordable Housing Council (AHC) interviews candidates at the city, county, and state levels to determine their degree of support for our industry.

The following candidates have received an AHC endorsement for the 2020 election cycle. 

Ballots will be mailed out Wednesday, July 15 and are due Tuesday, August 4. Your vote in support of AHC-endorsed candidates will go a long way toward affecting the outcome of these critical races. 

For dropbox locations, ballot questions, and more, visit King County Elections or Snohomish County Elections.