Small Metro - Outlying County

Outer suburbs of small metropolitan areas

Total population 21,034,618; 6.5% of total U.S. population

  • 8.8% single-family construction for 2Q20
  • 3.2% single-family quarterly growth rate for the 2Q20
  • 2.7% single-family year-over-year growth rate (2Q20 vs 2Q19)
  • 10.6% single-family 4-quarter MA of the year-over-year growth rate
Home Building Geography Index (HBGI)
  • 3.6% of multifamily construction for 2Q20
  • 9.5% multifamily quarterly growth rate for the 2Q20
  • -8.4% multifamily year-over-year growth rate (2Q20 vs 2Q19)
  • 26.3% multifamily 4-quarter MA of the year-over-year growth rate