Large Metro - Outlying Areas

Exurbs of Larger Metropolitan 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
Home Building Geography Index (HBGI)
  • 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