Small Metro - Outlying County
Outer suburbs of small metropolitan areas
Total population: 21 million; 6.5% of total U.S. population
- 9.0% of single-family construction for 1Q21
- 9.0% single-family quarterly growth rate for the 1Q21
- 26.5% single-family year-over-year growth rate (1Q21 vs 1Q20)
- 21.7% single-family 4-quarter MA of the year-over-year growth rate
- 3.8% of multifamily construction for 1Q21
- 47.6% multifamily quarterly growth rate for the 1Q21
- 72.6% multifamily year-over-year growth rate (1Q21 vs 1Q20)
- 7.2% multifamily 4-quarter MA of the year-over-year growth rate