The most common and most likely answer to this crossword clue is the 9 letter word TENANCIES
I've seen this crossword clue in The Daily Telegraph
T
E
N
A
N
C
I
E
S
Buddy explains!

The straight part
We know that "residences" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case residences = tenancies.The cryptic/wordplay part
In cryptic crossword there's often an wordplay/cryptic part as well.This part involves a more complex hint, such as an anagram, homophone, hidden word, etc.
Sadly, We don't have an explanation for this specific crossword clue yet.
What does TENANCIES mean?
TENANCIES noun- The occupancy of property, etc., under a lease, or by paying rent.
- The period of occupancy by a tenant.
- The property occupied by a tenant.