Large Metro - Outlying Areas

Exurbs of Larger Metropolitan Areas

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

Single-Family Construction

  • 9.5% of single-family construction for 4Q22
  • -22.7% single-family quarterly growth rate for the 4Q22
  • -31.4% single-family year-over-year growth rate (4Q22 vs 4Q21)
  • -12.1% single-family moving average of the year-over-year growth rate

Multifamily Construction

  • 3.9% of multifamily construction for 4Q22
  • -23.4% multifamily quarterly growth rate for the 4Q22
  • -29.1% multifamily year-over-year growth rate (4Q22 vs 4Q21)
  • 35.7% multifamily moving average of the year-over-year growth rate