Report

Housing Trends: Older Households Are Moving Less, and Multigenerational Living Is Rising


Abstract: The rate at which older households changed residences dropped 11.1% from 2019 to 2023, while the decline among younger households was 7.8%. On average, older households have 2.4 bedroom per person in the home. The number of households in which adult children have moved in with their parents is increasing rapidly.

JEL Classification: R21; R31;

Access Documents

File(s): File format is application/pdf https://www.bostonfed.org/-/media/Documents/Workingpapers/PDF/2025/cpp-20250708.pdf
Description: Full text

Authors

Bibliographic Information

Provider: Federal Reserve Bank of Boston

Part of Series: Current Policy Perspectives

Publication Date: 2025-07-08

Number: 2025-9