Contact: data@mbaks.com

In July 2024, Washington’s unemployment rate stood at 4.9%, with the Seattle/Bellevue/Everett area slightly lower at 4.4%. The construction sector faced a significant downturn, losing 14,100 jobs over the past year, bringing total statewide construction employment to 227,400. This decline highlights ongoing challenges in the industry despite overall employment stability.

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This week, Shannon speaks about events at the MBA with our new Events Manager, Gina Tucci.

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By MBAKS Senior Policy Analyst Allison Butcher

King and Snohomish counties ended 2020 with higher year-over-year median home prices amid continued tight supply of housing inventory for sale. The December 2020 median home price for single-family homes and condos was $676,000 in King County and $535,000 in Snohomish County, an increase of 9.92% and 8.08% respectively, compared to December 2019.

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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