In a bid to expand into the new home online listings space in the Canadian market, US-based data firm Zonda has announced its acquisition of BuzzBuzzHome, a Toronto-based real estate listings portal.
BuzzBuzzHome, which serves both the supply and demand sides of the new residential construction market, is Zonda’s latest partnership in its plans of becoming a premier listings service provider in Canada. The deal came in the wake of another recent acquisition of Vancouver-based Urban Analytics, which boosted Zonda’s data capabilities in the urban and multi-family markets.
Read more: US-based data company acquires Vancouver housing analytics firm
“This is a significant milestone for Zonda and a very positive way to transform our business going forward,” said Jeff Meyers, CEO of Zonda. “Bringing BuzzBuzzHome under our umbrella uniquely expands our presence in the Canadian market and we are excited about how this collaboration will continue to grow our offerings for our customers and the entire homebuilding industry.”
Aside from being a valuable data-driven marketing tool for developers, brokerages, and marketing agencies, BuzzBuzzHome also provides comprehensive information on new developments.
“We founded the company with the mission of perfecting the online experience for finding, buying, selling and renting new construction homes, and with Zonda’s and Urban Analytics’ industry-leading platforms and strong client bases, we will give our existing customers access to resources and a comprehensive solution that they wouldn’t have previously had,” said Matthew Slutsky, co-founder of BuzzBuzzHome.
“This is why Zonda, with their advanced technology stack and experienced leadership all geared around housing data, is the perfect company to help rapidly grow our platform,” added Cliff Peskin, co-president at BuzzBuzzHome.