Small Metro - Outlying County

Outer suburbs of small metropolitan areas

Total population 21,964,544; 6.7% of total U.S. population

Single-Family Construction

  • 9.5% of single-family construction for 4Q22
  • -23.1% single-family quarterly growth rate for the 4Q22
  • -27.3% single-family year-over-year growth rate (4Q22 vs 4Q21)
  • -11.7% single-family moving average of the year-over-year growth rate

Multifamily Construction

  • 3.9% of multifamily construction for 4Q22
  • -12.4% multifamily quarterly growth rate for the 4Q22
  • 3.9% multifamily year-over-year growth rate (4Q22 vs 4Q21)
  • 22.5% multifamily moving average of the year-over-year growth rate