Micro County - Small Towns

Total population 27,262,969; 8.4% of total U.S. population

Single-Family Construction

• 7.4% of single-family construction for 4Q22
• -24.2% single-family quarterly growth rate for the 4Q22
• -0.5% single-family year-over-year growth rate (4Q22 vs 4Q21)
• 6.8% single-family moving average of the year-over-year growth rate

Multifamily Construction

• 2.9% of multifamily construction for 4Q22
• -20.0% multifamily quarterly growth rate for the 4Q22
• 1.6% multifamily year-over-year growth rate (4Q22 vs 4Q21)
• 17.9% multifamily moving average of the year-over-year growth rate