Large Metro – Suburban County

Inner and outer suburbs of larger metropolitan areas

Total population 87,995,081; 27.3% of total U.S. population

Single-Family Construction

  • 25.2% of single-family construction for 4Q21
  • -7.9% single-family quarterly growth rate for the 4Q21
  • -12.1% single-family year-over-year growth rate (4Q21 vs 4Q20)
  • 13.2% single-family 4-quarter MA of the year-over-year growth rate

Multifamily Construction

  • 24.8% of multifamily construction for 4Q21
  • 2.7% multifamily quarterly growth rate for the 4Q21
  • 22.3% multifamily year-over-year growth rate (4Q21 vs 4Q20)
  • 21.8% multifamily 4-quarter MA of the year-over-year growth rate