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

  • 25.0% of single-family construction for 3Q22
  • -21.0% single-family quarterly growth rate for the 3Q22
  • -17.2% single-family year-over-year growth rate (3Q22 vs 3Q21)
  • -10.8% single-family moving average of the year-over-year growth rate

Multifamily Construction

  • 27.6% of multifamily construction for 3Q22
  • -3.3% multifamily quarterly growth rate for the 3Q22
  • 22.3% multifamily year-over-year growth rate (3Q22 vs 3Q21)
  • 27.5% multifamily moving average of the year-over-year growth rate