CEA Study Finds Almost all Home Technology Installations Increased in 2013
Almost all installations of home technologies in new homes increased or held constant in 2013, indicating the built-in home technology market has a strong, stable foothold in the U.S. The 12th Annual State of the Builder Technology Market Study, was released today by the Consumer Electronics Association (CEA)®.
The U.S. housing market continued to recover in 2013 and the National Association of Home Builders (NAHB) predicts there will be 1.3 million new home starts in 2014. In parallel with the housing recovery, built-in home technologies are expected to reach $2.3 billion in revenue in 2014, according to CEA's U.S. Consumer Electronics Sales and Forecast report.
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