Large Metro – Suburban County

Inner and outer suburbs of larger metropolitan areas

Total population 86,796,815; 27.2% of total U.S. population

  • 26.4% of single-family construction for 1Q20
  • 6.5% single-family quarterly growth rate for the 1Q20
  • 16.4% single-family year-over-year growth rate (1Q20 vs 1Q19)
  • 4.9% single-family 4-quarter MA of the year-over-year growth rate
Home Building Geography Index (HBGI)
  • 26.2% of multifamily construction for 1Q20
  • -15.1% multifamily quarterly growth rate for the 1Q20
  • 4.5% multifamily year-over-year growth rate (1Q20 vs 1Q19)
  • 6.9% multifamily 4-quarter MA of the year-over-year growth rate