Is the California ‘exodus’ slowing?

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Is the California ‘exodus’ slowing?
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The three-company average shows 55.7% of California 2022 van activity was outbound to other states. That’s down from 59.5% in 2021, 58.5% in 2020.

The “Looking Glass” ponders economic and real estate trends through two distinct lenses: the optimist’s “glass half-full” and the pessimist’s “glass half-empty.”Relocation trends by van line suggest California’s outmigration challenges – more residents departing than arriving – are shrinking but still appear immense.My trusty spreadsheet looked at California moving van activity for 2022 based on annual migration reports from the Allied, Atlas and United van lines.

Have we seen the worst of the California “exodus” as life – and the economy – return to a pre-pandemic normal? Could California’s three-year declining population streak be nearing its end?Van data says the share of exits among all California moves shrank in 2022. The three-company average shows 55.7% of 2022 moving van activity was outbound to other states. That’s down from 59.5% in 2021 and 58.5% in 2020.That translates to a van migration “gap” between California departures and arrivals of 11.

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