Over 20% more people are planning to move in 2021 than moved in 2020.
The majority of these movers aren’t relocating due to safety concerns related to COVID-19 like we would have expected.
While 18% of respondents who plan to move in 2021 are able to do so as a result of job flexibility brought on by the 2019 coronavirus, most are ultimately doing so to lower their cost of living.
With more living space being a key deciding factor in where people plan to move and about 40% of movers relocating from larger cities to smaller communities, our finding that homeownership is on the rise makes sense.