Contact: data@mbaks.com

Amidst economic fluctuations, the construction sector in Washington is grappling with challenges. Recent data reveals a 10,800-job decline in construction employment between February 2023 and February 2024. The state’s overall construction workforce now stands at 225,800.

Read the full April Builders Bulletin:

By MBAKS Senior Policy Analyst Allison Butcher

At the end of the first quarter of 2018, King County is leading the way in building permit activity in the region, with single family permits up 19 percent and multifamily permits up 25 percent compared to the same period last year. Meanwhile, single-family permits have dropped 19 percent in Snohomish County and multifamily permits are down 58 percent year-over-year.  For the three-county region as a whole (King, Snohomish, and Pierce counties), permits are up 7 percent and 9 percent, respectively.

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:

By MBAKS Senior Policy Analyst Allison Butcher

Statistics from the Northwest Multiple Listing Service, highlighted in the October Builder’s Bulletin, show an increasing supply of homes for sale in the month of August. King County had 1.92 months’ supply of inventory, up from 0.93 months’ supply a year ago. Snohomish County had 1.70 months of inventory, up from 1.11 a year ago. This increase in supply, while still low, has moderated price increases.

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: