Large Metro – Suburban County

Inner and outer suburbs of larger metropolitan areas

Total population 87,995,081; 27.3% of total U.S. population

  • 25.5% of single-family construction for 3Q20
  • 31.5% single-family quarterly growth rate for the 3Q20
  • 24.1% single-family year-over-year growth rate (3Q20 vs 3Q19)
  • 10.8% single-family 4-quarter MA of the year-over-year growth rate
Home Building Geography Index (HBGI)
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  • 25.6% of multifamily construction for 3Q20
  • 12.5% multifamily quarterly growth rate for the 3Q20
  • -16.9% multifamily year-over-year growth rate (3Q20 vs 3Q19)
  • -4.9% multifamily 4-quarter MA of the year-over-year growth rate