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Due to a confluence of materials scarcity and rising construction costs, single-family housing construction was down 0.7% in October.

Multifamily dwelling units are quickly adopting many IoT devices beyond smart locks, but those locks can be used as a way for integrators to get more involved in the resimercial and commercial markets.

Smart home services are starting to attract prospective residents to multi-dwelling units, which in turn has led property managers to start exploring the control and automation market.

According to new data from the U.S. Census Bureau, overall housing starts were down 1.6% in September due in part to a decline in MDU production.

After a difficult July, housing starts across the United States increased by 3.9% in August due in part to material price decreases and a focus on MDU housing.