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 3Q20
  • 34.5% single-family quarterly growth rate for the 3Q20
  • 24.4% single-family year-over-year growth rate (3Q20 vs 3Q19)
  • 10.6% single-family 4-quarter MA of the year-over-year growth rate
Home Building Geography Index (HBGI)
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  • 3.5% of multifamily construction for 3Q20
  • -34.6% multifamily quarterly growth rate for the 3Q20
  • -37.6% multifamily year-over-year growth rate (3Q20 vs 3Q19)
  • 17.5% multifamily 4-quarter MA of the year-over-year growth rate