Small Metro - Outlying County

Outer suburbs of small metropolitan areas

Total population 21,034,618; 6.5% of total U.S. population

Single-Family Construction

  • 9.2% of single-family construction for 1Q22
  • 13.0% single-family quarterly growth rate for the 1Q22
  • 3.9% single-family year-over-year growth rate (1Q22 vs 1Q21)
  • 14.0% single-family 4-quarter MA of the year-over-year growth rate

Multifamily Construction

  • 4.2% of multifamily construction for 1Q22
  • -10.8% multifamily quarterly growth rate for the 1Q22
  • 7.3% multifamily year-over-year growth rate (1Q22 vs 1Q21)
  • 52.1% multifamily 4-quarter MA of the year-over-year growth rate