View Cart 0 Item

June 2017 Builder's Bulletin: Multifamily Permits See Uptick While Single Family Permits Dip in First Quarter

By MBAKS Senior Policy Analyst Allison Butcher

The number of multifamily permits pulled in King, Snohomish, and Pierce counties rose 53 percent during the first quarter of 2017, compared to the same period last year. Single-family permits declined 8 percent. Meanwhile, King and Snohomish counties continue to see less than a months’ supply of housing inventory for sale during April. The low supply coupled with strong demand has continued to drive home prices up.

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, U.S. Census Bureau, Office of Financial Management and the Washington State Employment Security Department.

Download this month's report:

Builder's Bulletin June 2017

You May Also Like

Card image cap Builders

11/23/2016

Irons Brothers staff volunteer to help paint Bellevue's Kindering center

Card image cap Builders

06/21/2017

Rampathon event provides free ramp for Kirkland resident

Card image cap Builders

01/15/2021

COVID-19 and Design Review Processes