Housing permits decline in Washington for second year in a row

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Housing permits decline in Washington for second year in a row

For those who are looking to purchase a new home, you might have to wait, as housing permits have dropped in the state of Washington for the second consecutive year. A new study of 384 metro areas by Point2, an international real estate search portal, found that permitting activity in Washington plummeted in 2023. Just 37,177 new housing permits were issued across the state in 2023, 25% fewer compared to the previous year. When narrowed down to …