Homes.co.nz added to Trade Me stable for $18.8m

Trade Me property head Alan Clark, another tool in the arsenal (Image: supplied)

Thu, 25 Nov 2021

Online marketplace firm Trade Me paid $18.8 million to add valuation and data site homes.co.nz to its suite of property trading assets.Of the purchase price paid to PropertyNZ in September, $17.8m is classed as goodwill, representing the value of “expected synergies” homes.co.nz will bring in the form of valuations, property histories and home expense estimates to Trade Me Property. Homes.co.nz said it has listed 1.8 million houses and has 400,000 monthly users. Trade Me head of property Alan Clark has said the tools and d...

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