By MBAKS Senior Policy Analyst Allison Butcher

Recent building permit data for the Seattle metro area shows single-family and multifamily permits fell in King County by 8% and 26%, respectively, in September year-to-date compared to the same period last year. Meanwhile, permits are up in Snohomish and Pierce counties during the same period.

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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Contact: data@mbaks.com

In the Seattle Metro Area, the building permit data for the year-to-date period ending on August 31, 2023, paints a distinctive picture of the region's construction activity. There were 4,021 single-family permits issued during this time, reflecting a substantial 28% decrease compared to the same period in 2022. Similarly, the multifamily segment also saw a noteworthy decline, with 7,851 permits issued, indicating a substantial 46% decrease from the prior year. These statistics show a notable slowdown in both single-family and multifamily construction projects.

Read the full October Builders Bulletin:

By Everett Herald

Brief: The Master Builders Association of King and Snohomish Counties was honored by the National Association of Home Builders Remodelers program with an award for Demonstrating Remodeling Excellence in the Public Relations and Promotion category.