The number of permits issued for new housing in the Seattle area fell by 33% in the first quarter of 2023 compared to the same quarter of 2022, according to new data from the U.S. Census Bureau, setting the market up for a potential slowdown in new construction.
Record Residential Construction Poised for Slowdown in Seattle
Permits Tumble in First Quarter
CoStar Analytics
May 11, 2023 | 1:00 P.M.
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