People aren't moving to big city centers like they used to, even as employers ramp up calls to return to the office.
from the National Association of Realtors showed that major metro areas like New York, San Francisco, and Chicago saw more people leaving than moving in.The Miami metro area experienced
the largest inbound increase from before the pandemic, which saw gains of nearly 60% in 2022 compared to 2019"Pre-pandemic, we had a different trend. People wanted to move to big city centers," Nadia Evangelou, senior economist and director of real estate research at the National Association of Realtors, tells Axios.
More people are moving to those cities compared to 2021 but "we're not there yet," Evangelou says of metro areas regaining the population that fled.Across the board, the report found, fewer people moved last year, continuing a trend from 2021. The report analyzed the United States Postal Service’s change-of-address data to spot migration trends.posted fewer inbound moves in 2022 compared to 2021, according to the data.Axios on facebook
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