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Heat will have a feature to do this with Ceilmeter, see this link for more information, as this question was asked before.

https://ask.openstack.org/en/question/6893/can-a-vm-migration-done-by-using-heat-template/

Also a LBaaS as well as other load balancing solutions out there.

http://docs.openstack.org/api/openstack-network/2.0/content/lbaas_ext.html