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Builders Bulletin

The Builders Bulletin is intended to provide a convenient way to track housing in our market. This monthly report includes information on housing supply, home prices, building permits, and population and job growth in the Puget Sound region.

  • Builders Bulletin: Interactive Edition

    Posted on Aug 26, 2021 in:
    • Builders Bulletin
    Housing inventory remains low and housing prices continue to rise, with a 19.73% and 21.74% increase in median single-family home prices in King County and Snohomish County, respectively. In more optimistic news, construction employment in the Seattle-Bellevue-Everett metro area has hit a record high. Plus: Building permit activity is now available in an interactive format.
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  • OFM Releases April 1 Official Population Estimates

    Posted on Jul 23, 2021 in:
    • Builders Bulletin
    The Office of Financial Management (OFM) has posted its annual population update, which shows continued growth in the Puget Sound region. As of April 1, 2021, King, Kitsap, Pierce, and Snohomish counties added 66,200 people. According to The Seattle Times, the Seattle metropolitan area, which includes King, Pierce and Snohomish counties, now exceeds 4 million people.
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  • Home Prices Continue to Rise Amid Low Supply

    Posted on Jun 25, 2021 in:
    • Builders Bulletin
    In May, the median home price rose to $775,000 in King County and $655,000 in Snohomish County, up 23.6% and 32.86% respectively from a year ago. The low inventory of homes for sale plus high demand continues to put upward pressure on home prices.
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