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