Large Metro – Suburban County

Inner and outer suburbs of larger metropolitan areas

Total population: 88 million; 27.3% of total U.S. population

  • 25.6% of single-family construction for 1Q21
  • 4.9% single-family quarterly growth rate for the 1Q21
  • 26.8% single-family year-over-year growth rate (1Q21 vs 1Q20)
  • 17.6% single-family 4-quarter MA of the year-over-year growth rate
  • 24.0% of multifamily construction for 1Q21
  • -7.8% multifamily quarterly growth rate for the 1Q21
  • -3.0% multifamily year-over-year growth rate (1Q21 vs 1Q20)
  • -13.0% multifamily 4-quarter MA of the year-over-year growth rate