Large Metro - Outlying Areas

Exurbs of Larger Metropolitan Areas

Total population: 14 million; 4.3% of total U.S. population

  • 9.2% of single-family construction for 2Q21
  • 15.6% single-family quarterly growth rate for the 2Q21
  • 55.7% single-family year-over-year growth rate (2Q21 vs 2Q20)
  • 36.3% single-family 4-quarter MA of the year-over-year growth rate
  • 3.4% of multifamily construction for 2Q21
  • 16.8% multifamily quarterly growth rate for the 2Q21
  • -19.6% multifamily year-over-year growth rate (2Q21 vs 2Q20)
  • -8.0% multifamily 4-quarter MA of the year-over-year growth rate