View Cart 0 Item

June 2020 Builders Bulletin: Significant Job Losses Reported Throughout Region, State

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.

Download this month's report:

June 2020 Builders Bulletin

You May Also Like

Card image cap Builders

10/28/2024

Highlights from the MBAKS Board and Staff Leadership Retreat at Salish Lodge

Card image cap Builders

03/27/2025

Middle Housing Forum Offers Key Insights on State Law Changes

Card image cap Builders

03/08/2019

March 2019 Builder's Bulletin: Year-End Permit Numbers Show Increase for Multifamily in Seattle Metro Area