Large Metro - Outlying Areas

Exurbs of Larger Metropolitan Areas

Total population 14,260,330; 4.4% of total U.S. population

Single-Family Construction

  • 9.6% of single-family construction for 2Q22
  • -1.9% single-family quarterly growth rate for the 2Q22
  • -8.1% single-family year-over-year growth rate (2Q22 vs 2Q21)
  • 0.9% single-family 4-quarter MA of the year-over-year growth rate

Multifamily Construction

  • 4.1% of multifamily construction for 2Q22
  • 19.4% multifamily quarterly growth rate for the 2Q22
  • 78.6% multifamily year-over-year growth rate (2Q22 vs 2Q21)
  • 76.0% multifamily 4-quarter MA of the year-over-year growth rate