Small Metro - Outlying County
Outer suburbs of small metropolitan areas
Total population: 21 million; 6.5% of total U.S. population
- 8.9% of single-family construction for 2Q21
- 14.8% single-family quarterly growth rate for the 2Q21
- 45.4% single-family year-over-year growth rate (2Q21 vs 2Q20)
- 31.7% single-family 4-quarter MA of the year-over-year growth rate
- 4.0% of multifamily construction for 2Q21
- 10.9% multifamily quarterly growth rate for the 2Q21
- 70.4% multifamily year-over-year growth rate (2Q21 vs 2Q20)
- 25.5% multifamily 4-quarter MA of the year-over-year growth rate