Newsroom

This month's Builders Bulletin features a new data point, the NAHB/Wells Fargo Housing Market Index (HMI). This is a national and regional indicator that tracks builder perception of current single-family home sales and expectations. It has decreased every month in 2022, reflecting a general bearish outlook towards the housing market amid rising construction costs and high interest rates.

Each election cycle, our Affordable Housing Council (AHC) interviews candidates at the city, county, and state levels to determine their degree of support for our industry. The following candidates have received an AHC endorsement for the 2022 election cycle.

The Black Homeownership Initiative is working to close the homeownership gap.

As per tradition, at the 2022 Built Green Conference we recognized Built Green’s outstanding builders and advocates during our annual Built Green Hammer Award ceremony. The best projects from the past year were highlighted and Built Green supporters were recognized for their contributions to the program.

The 2022 Built Green Conference, presented by DTG, was held on September 15 at South Seattle College.

King County’s August median home price of $815,000 stayed relatively flat compared to the previous month, which was $810,000. Snohomish County saw a month-over-month dip in its median home price of single-family homes and condos—from $737,500 in July to $700,000 in August. Year-over-year prices were up 5.6% in King County and 4.9% in Snohomish County.

GIS International Group, Master Builders Association of King and Snohomish Counties, Other Project Partners Celebrate Grand Opening, Built Green-Certification of Madison Plaza in Downtown Kent

What’s driving up home prices? Supply and Demand.