Large Metro – Suburban County

Inner and outer suburbs of larger metropolitan areas

Total population: 88 million; 27.3% of total U.S. population

  • 26.0% of single-family construction for 2Q21
  • 6.4% single-family quarterly growth rate for the 2Q21
  • 43.4% single-family year-over-year growth rate (2Q21 vs 2Q20)
  • 31.2% single-family 4-quarter MA of the year-over-year growth rate
  • 26.0% of multifamily construction for 2Q21
  • 31.0% multifamily quarterly growth rate for the 2Q21
  • 42.2% multifamily year-over-year growth rate (2Q21 vs 2Q20)
  • 4.2% multifamily 4-quarter MA of the year-over-year growth rate