Large Metro – Suburban County
Inner and outer suburbs of larger metropolitan areas
Total population: 88 million; 27.3% of total U.S. population
- 25.6% of single-family construction for 1Q21
- 4.9% single-family quarterly growth rate for the 1Q21
- 26.8% single-family year-over-year growth rate (1Q21 vs 1Q20)
- 17.6% single-family 4-quarter MA of the year-over-year growth rate
- 24.0% of multifamily construction for 1Q21
- -7.8% multifamily quarterly growth rate for the 1Q21
- -3.0% multifamily year-over-year growth rate (1Q21 vs 1Q20)
- -13.0% multifamily 4-quarter MA of the year-over-year growth rate