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.
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