Housing Sector Analyst Metrostudy Buys New Home Trends

In the US, Houston-based housing industry research and analysis specialist Metrostudy has acquired real estate research consultancy New Home Trends, thereby expanding its geographical coverage to the Pacific Northwest region. Terms were not disclosed.

New Home Trends is based in Bothell, WA, and in addition to the Seattle market, it offers extensive research coverage and analysis in Portland, OR, Boise, ID and Spokane, WA. Through the acquisition, Metrostudy will extend its services, which include providing primary and secondary market information to the housing and related industries nationwide, along with research, data, analytics and consulting services.

New Home Trends will now be combined with Metrostudy and operate under the Metrostudy brand name, while Todd Britsch, President of New Home Trends, will continue his leadership role as Regional Director for the Seattle and Oregon region.

Metrostudy President Chris Veator comments: 'Seattle is one of the fastest growing housing markets in the United States, making it an important growth opportunity for our customers. New Home Trends has deep knowledge and research capabilities in the Pacific Northwest that will greatly complement our existing Metrostudy platform and allow us to offer an even more robust and valuable product platform to our customers.'

Web sites: www.metrostudy.com and www.newhometrends.com .