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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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By MBAKS Senior Policy Analyst Allison Butcher

Housing inventory for sale fell between September and October to 1.74 months’ supply in King County and 1.51 months’ supply in Snohomish County. In both counties, this is down from a year ago. Meanwhile single-family and multifamily building permits were down 6% in the Seattle Metro Area (including King, Snohomish, and Pierce counties) in September compared to the same period last year.

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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