Fiber connectivity is an important part of everyday life for the majority. Whether it’s working or learning from home, making sure everyone in the households’ connectivity needs are met, or ensuring your home security is at maximum performance, fiber plays a pivotal role.

Fiber, specifically a citywide network such as a FiberCity® network has many social, economic and environmental benefits to the community. However, one key benefit is the increase in property prices that has been seen once fiber is installed.

According to the Fiber Broadband Association (FBA), research carried out in 2023 proved the necessity in modern day life for a superfast connection, and the added value perceived by home buyers brought an increase of 4.9% in home value, and condo value increased by 3.2%.

Additionally, a 2023 study on multifamily living by Allegion found free Wi-Fi was the number one amenity over affordability and proximity to work and school. 45% also said Wi-Fi was a must-have amenity at a future residence, showing that property managers and owners must innovate to stay competitive in the rental market.

This research and the figures in property value speak for themselves and proves the economic impact of people’s need to stay connected with fiber.