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Housing Production Slows Across the Seattle Metro Area

Building activity across the Seattle metro has cooled this year. As of August, 4,390 single-family homes and 4,770 multifamily units have been permitted—representing year-over-year declines of 5% and 26%. In Seattle, 406 single-family and 1,700 multifamily permits have been issued to date.

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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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Listen: The Dunn Lumber Podcast: How Contractors Can Protect Themselves From Litigation, recorded live November 17 at the Master Builders Association Remodelers Council Dinner.

Scott Noel is an attorney with AMS Law, focused on Washington State Safety Act (WISHA) and Occupational Safety and Health Administration (OSHA) citations. In this podcast, Scott provides insights into avoiding litigation in the first place and how to protect your business once litigation has begun.

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