Small Metro - Outlying County

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

• 8.9% of single-family construction for 3Q20
• 25.0% single-family quarterly growth rate for the 3Q20
• 26.4% single-family year-over-year growth rate (3Q20 vs 3Q19)
• 15.1% single-family 4-quarter MA of the year-over-year growth rate

• 3.3% of multifamily construction for 3Q20
• 14.0% multifamily quarterly growth rate for the 3Q20
• -33.8% multifamily year-over-year growth rate (3Q20 vs 3Q19)
• 3.4% multifamily 4-quarter MA of the year-over-year growth rate