Contact: data@mbaks.com

This month's Builders Bulletin features a new data point, the NAHB/Wells Fargo Housing Market Index (HMI). This is a national and regional indicator that tracks builder perception of current single-family home sales and expectations. It has decreased every month in 2022, reflecting a general bearish outlook towards the housing market amid rising construction costs and high interest rates.

Download this month's report:

Contact: data@mbaks.com

In September 2024, Washington's unemployment rate stood at 4.8%, with the Seattle/Bellevue/Everett area slightly lower at 4.4%. Between September 2023 and September 2024, construction employment in the state saw a boost, adding 4,700 jobs, bringing the total to 236,600.

Read the full October Builders Bulletin

Shannon interviews Lynn Eshleman of Pacific Ridge Homes at our annual Crab Feed and Elected Officials Reception. Shannon and Lynn discuss the big issues facing Snohomish County residential building professionals.

Learn more about our advocacy efforts