By MBAKS Senior Policy Analyst Allison Butcher

Data in the latest Builders Bulletin show a mixed bag for building permit activity in the first half of 2022. Multifamily permits in the Seattle Metro Area rose 20% in June, compared to the same period last year, led by King County where it was up 30%. Multifamily permit activity was relatively flat in Snohomish and Pierce counties.

Meanwhile, single family permits are down 17% across the Seattle Metro area as of June. Separately, the NAHB/Wells-Fargo Housing Market Index, which measures the confidence of single-family builders nationwide, has been falling amid higher interest rates and ongoing supply chain problems. Read NAHB’s latest press release on its builder confidence survey.

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By Marc Stiles / Puget Sound Business Journal

As the Puget Sound region's economy continues its stratospheric rise, many are asking how we can avoid replicating the worst elements of San Francisco Bay area—specifically its soaring home prices.

With economic trends in Seattle following the Bay Area's like clockwork, it seems inevitable that our region will indeed become more like theirs.

This week, Shannon discusses the benefits of the Built Green® program with Leah Missik, Built Green program manager.

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