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

  • 24.7% of single-family construction for 4Q22
  • -24.6% single-family quarterly growth rate for the 4Q222
  • -32.9% single-family year-over-year growth rate (4Q22 vs 4Q21)
  • -16.3% single-family moving average of the year-over-year growth rate

Multifamily Construction

  • 28.2% of multifamily construction for 4Q22
  • -12.5% multifamily quarterly growth rate for the 4Q22
  • 5.8% multifamily year-over-year growth rate (4Q22 vs 4Q21)
  • 24.6% multifamily moving average of the year-over-year growth rate