Every year, the U.S. Census Bureau publishes the Vintage population estimates, including international and domestic migration statistics. According to the recently published Vintage 2023 report, U.S. population trends are returning to pre-pandemic levels, resulting in the largest gains since 2018. The reason is decreased deaths and increased migration. In this analysis, we use this information to identify markets that are expected to continue to grow popular among Americans and international movers as we enter 2024.
Key Findings
In 2023, the United States population gained 1.6 million people.
Between July 2022 and July 2023, the U.S. gained more than 1.1 million foreign nationals.
Most international movers chose to live in large states, such as Florida, California, Texas, and New York.
Even though New York and California gained international migrations, these states experienced significant losses in domestic migration.
Previous NAR analysis of data from 2022 shows that most domestic movers left large states and metropolitan areas mainly because of affordability considerations.
For More Information on This Article, Visit https://www.nar.realtor/blogs/economists-outlook/migration-plays-a-role-in-restoring-u-s-population-to-pre-pandemic-levels
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