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

Samantha dup Shampine

No 2025-9, Current Policy Perspectives from Federal Reserve Bank of Boston

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.

Keywords: household mobility; multigenerational living; housing market; multifamily housing; accessory dwelling units (search for similar items in EconPapers)
JEL-codes: R21 R31 (search for similar items in EconPapers)
Pages: 8
Date: 2025-07-08
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