Large Metro – Suburban County

Inner and outer suburbs of larger metropolitan areas

Total population 88,287,099; 27.0% of total U.S. population

Single-Family Construction

  • 25.1% of single-family construction for 2Q22
  • -0.7% single-family quarterly growth rate for the 2Q22
  • -10.5% single-family year-over-year growth rate (2Q22 vs 2Q21)
  • -8.3% single-family 4-quarter MA of the year-over-year growth rate

Multifamily Construction

  • 26.4% of multifamily construction for 2Q22
  • 9.9% multifamily quarterly growth rate for the 2Q22
  • 18.5% multifamily year-over-year growth rate (2Q22 vs 2Q21)
  • 26.9% multifamily 4-quarter MA of the year-over-year growth rate