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 percent of new MDU builds have smart home tech installed, with smart locks, lights and thermostats the most common devices, said analyst Brad Russell.