20% of US MDUs to Have Smart Home Tech by 2025, Says Parks
A fifth of new multifamily dwelling units will have smart home technology by 2025, blogged Parks Associates Wednesday. Some 57% of U.S. multifamily home builders say smart home devices create additional revenue in their properties through increased rental value. Fifteen…
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percent of new MDU builds have smart home tech installed, with smart locks, lights and thermostats the most common devices, said analyst Brad Russell.