Each year, Marcus and Millchap releases their Multifamily North American Investment Forecast. You can download the full 2020 report by clicking here.
They also forecast the net migration into each of the major metros. The net migration is the total number of people moving into an area minus the total number of people moving out of an area. It is a measure of how well a market is at attracting and maintaining residents.
As real estate investors, the more people who are moving to and remaining in our target investment market, the more demand there is for rentals, flips, and other real estate related products.
Here is a map from Marcus and Millichap indicating the net migration for the largest markets in the country.