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Builders Bulletin: Year-on-Year Comparison Shows Drop in Permit Totals

Contact: data@mbaks.com

The latest data for permit amounts in King, Snohomish, and Pierce County for the month of January has been released, and it reveals a significant decline in multifamily permit activity in King County. In January 2022, there were 1,544 multifamily permits taken out, whereas this January, only 293 were recorded, resulting in an 81% drop year-on-year. Pierce County is also trending downwards; however, Snohomish County has recorded similar numbers to the previous year.

Read the full March Builders Bulletin:

March 2023 Builders Bulletin

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Builders Bulletin: Year-on-Year Comparison Shows Drop in Permit Totals