Large Metro - Outlying Areas

Exurbs of Larger Metropolitan Areas

Total population 14,287,196; 4.5% of total U.S. population

  • 8.6% of single-family construction for 1Q20
  • 3.7% single-family quarterly growth rate for the 1Q20
  • 13.1% single-family year-over-year growth rate (1Q20 vs 1Q19)
  • 5.4% single-family 4-quarter MA of the year-over-year growth rate
Home Building Geography Index (HBGI)
  • 3.4% of multifamily construction for 1Q20
  • -46.8% multifamily quarterly growth rate for the 1Q20
  • -13.0% multifamily year-over-year growth rate (1Q20 vs 1Q19)
  • 11.1% multifamily 4-quarter MA of the year-over-year growth rate