Large Metro - Outlying Areas

Total population 13,852,351; 4.3% of total U.S. population

• 8.7% of single-family construction for 2Q20
• -3.3% single-family quarterly growth rate for the 2Q20
• -8.9% single-family year-over-year growth rate (2Q20 vs 2Q19)
• 5.6% single-family 4-quarter MA of the year-over-year growth rate

• 3.9% of multifamily construction for 2Q20
• -108.8% multifamily quarterly growth rate for the 2Q20
• -37.3% multifamily year-over-year growth rate (2Q20 vs 2Q19)
• 27.0% multifamily 4-quarter MA of the year-over-year growth rate