Several generations sharing a family home is emerging as a significant trend in luxury real estate. While families once often shared a home primarily to reduce costs and provide a secure launchpad for their children, today many of them are more focused on emotional connections, shared caregiving across generations and creating a family legacy.
In 2024, an estimated 17% of U.S. homebuyers purchased a residence with the intent to house multiple generations, according to an April 2025 report by the National Association of REALTORS® (nardotrealtor). The report defines a multi-generational household as one that includes more than one adult generation, such as a couple living with their adult children or their own parents.
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