Contact: data@mbaks.com

The latest end-of-year numbers reveal a downturn in both single-family and multifamily homebuilding from 2022 to 2023. As of December 31, 2023, the number of single-family permits stands at 6,053, reflecting a year-on-year decline of 16% compared to 2022 figures. Similarly, multifamily permits have seen a substantial decrease, with 11,201 permits issued as of the same date, indicating a sharp year-on-year decline of 43%.

Read the full February Builders Bulletin:

Contact: data@mbaks.com

January 2026 Builders Bulletin: Building Permits Weakened in October

U.S. Census Bureau data released recently show continued decline in building permits for the Seattle metro area in the first 10 months of 2025. The latest Builders Bulletin reports 5,208 single-family permits were issued year to date in King, Snohomish and Pierce counties as of October 2025, down 8% compared to the same period in 2024. Multifamily permits saw an even steeper drop with 7,225 permits issued, representing a 17% decrease compared to 2024. Release of this data by the Census Bureau was delayed due to last year’s federal government shutdown.

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