Also it would be interesting to look at the long historical data to understand if it’s a trend or not.

Owning my properties in a steady growing Sunbelt area: the trend in the US has been from North to South, East to West for over 40 years now and really doesn't show any signs of abating.

I don’t have the data in front of me so by all means pull your own before making a decision but I’m almost positive that I found Huntsville to be a more promising rental market based off of indicators such as population growth trend, unemployment trend and vacancy rates.

So my key point of advice be aware, cognizant and study monthly where the market is going and spot the trends.

@Greg Szymbor The new trend is to go off-grid!

This will give you a great idea of trends in your area

It seems things have been a bit rough in San Jose lately.There's a lot of competition in this area, and the prices seem to be trending down at the moment after consistently raising for a long period of time.

It was in an estate in a downward trending neighborhood.

https://www.realtor.com/news/trends/10-best-places-to-buy-investment-real-estate/

I am trying to understand data and trends from a Macro perspective.