Monthly data shows national apartment rent growth has flattened in recent months, with gains narrowing to 1.1% Today Apartments.com, an industry-leading online marketplace of CoStar Group (NASDAQ:CSGP), published an in-depth report on multifamily rent trends for July 2025. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250808528913/en/National rent growth is flattening U.S. apartment rent growth continued to slow throughout the month, with the national average holding at $1,717, unchanged from June. The month-over-month change was a negligible -0.03%, marking the sixth straight month of flat or negative monthly growth. Annual

The combination of higher for-sale inventory and ongoing affordability challenges has dampened price appreciation this year. Homes.com, a CoStar Group leading online residential marketplace, released a new report today analyzing home price trends in July (based on the data collected to date), including price trends across major metros and house types. Preliminary price data for June showed a 2.1% increase in the median home price nationally, consistent with this year's trend of moderating home price growth. Over the past six months, year-over-year price growth has averaged 2.0%, down from 4.5% during the previous six-month period. The median home price rose by $8,000 from July of last y

CoStar sues Zillow for publishing more than 46,000 of CoStar's copyrighted photographs on Zillow.com and its partner sites, rendering Zillow potentially liable for more than a billion dollars in damages CoStar Group, Inc. (NASDAQ:CSGP), a global leader in commercial real estate information, analytics, online marketplaces and 3D digital twin technology, filed a lawsuit in New York federal court today alleging rampant copyright infringement by Zillow. The infringement could hardly be more brazen. The complaint shows that Zillow is unlawfully exploiting tens of thousands of CoStar Group's watermarked photographs on its sites and on Redfin and Realtor.com, making this one of the largest, if n

Industry Veteran Brings Over 20 Years of Multifamily Expertise to the Role CoStar Group, Inc. (NASDAQ:CSGP), a leading provider of online real estate marketplaces, information, analytics, and 3D digital twin technology in the property markets, announced today the appointment of Grant Montgomery as National Director of Multifamily Analytics. The hire will augment the company's already powerful analytics across the U.S. multifamily sector, adding value for CoStar Group clients and the commercial real estate industry as a whole. In his new role, Montgomery will serve as CoStar Group's industry-facing representative for the multifamily sector, delivering the company's data-driven perspectiv

CoStar Group, Inc. (NASDAQ:CSGP), a leading provider of online real estate marketplaces, information, analytics, and 3D digital twin technology in the property markets, announced today that revenue for the quarter ended June 30, 2025 was $781 million, up 15% over revenue of $678 million for the quarter ended June 30, 2024. Net income was $6.2 million and net income per diluted share was $0.01 for the second quarter 2025. Adjusted EBITDA was $85 million in Q2 2025, an increase of 108% from Q2 2024. "We had an outstanding Q2 2025 as we delivered our 57th consecutive quarter of double-digit revenue growth with a 15% year-over-year increase in revenue," said Andy Florance, Founder and Chief E

The combination of higher for-sale inventory and ongoing affordability challenges has dampened price appreciation this year. Homes.com, a CoStar Group leading online residential marketplace, released a new report today analyzing home price trends in June (based on the data collected to date), including price trends across major metros and house types. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250716378563/en/Home Price Index Preliminary price data for June showed a modest 1.3% increase in the median home price nationally, consistent with this year's trend of moderating home price inflation. The June increase is significan

Quarterly data shows rent growth easing in the second quarter of the year The national year-over-year asking rent growth for apartments was 0.9% in the second quarter of 2025, slightly slower than the 1.2% recorded in the first quarter. From mid-2023, year-over-year rent growth hovered between 1.0% and 1.2% after its rapid deceleration in 2021 and 2022. This was the first easing of rent growth since the first quarter of 2024. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250707370880/en/U.S. Apartment Rent Growth The national rent per unit ended the quarter at $1,773, compared to a revised $1,763 recorded at the end of the fi

CoStar Group, Inc. (NASDAQ:CSGP), a leading provider of online real estate marketplaces, information, and analytics in the property markets, will announce financial results for the second quarter of 2025 following the market close on Tuesday, July 22, 2025. Management will conduct a conference call to discuss the second quarter results, as well as the Company's outlook at 5:00 PM EDT that same day. A live audio webcast of the conference call will be available in listen-only mode through the Investors section of the CoStar Group website: https://investors.costargroup.com. A replay of the webcast audio will also be available in the Investors section of our website for a period of time follo

After reviewing the mountain of evidence against CREXi, the District Court held that CoStar had stated a case for infringement and made multiple key findings against CREXi, holding that it had deliberately copied listings and copyrighted images from LoopNet, and cropped out the CoStar watermark Yesterday, Judge Marshall of the federal district court in Los Angeles issued a detailed opinion finding that CREXi had deliberately copied and cropped thousands of CoStar Group photos via an elaborate offshore scheme involving Indian-based agents. The court saw through CREXi's excuses and attempts to blame brokers, and also ruled that CREXi's core counterarguments failed. The case will now move fo

The median home price increased by just 1.0% in May over the same time last year. Price increases slowed across the country. Homes.com, a CoStar Group leading online residential marketplace, today released a new report analyzing home prices in May (based on the data collected to date), price trends across major metros, and what the latest developments in the housing market mean for homebuyers. According to the preliminary estimates, home prices continued to increase in May. Still, the rate of price increases slowed for the fifth consecutive month, with the median home price rising modestly by 1.0% in May. Year-over-year, prices rose 1.3% in April, 2.2% in March, 2.7% in February, and 3.

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4 - COSTAR GROUP, INC. (0001057352) (Issuer)

4 - COSTAR GROUP, INC. (0001057352) (Issuer)

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4 - COSTAR GROUP, INC. (0001057352) (Issuer)

4 - COSTAR GROUP, INC. (0001057352) (Issuer)

4 - COSTAR GROUP, INC. (0001057352) (Issuer)

4 - COSTAR GROUP, INC. (0001057352) (Issuer)

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3 - COSTAR GROUP, INC. (0001057352) (Issuer)

4 - COSTAR GROUP, INC. (0001057352) (Issuer)

Stephens resumed coverage of CoStar Group with a rating of Overweight and set a new price target of $105.00

BofA Securities resumed coverage of CoStar Group with a rating of Neutral and set a new price target of $79.00

Deutsche Bank initiated coverage of CoStar Group with a rating of Buy and set a new price target of $89.00

Wells Fargo initiated coverage of CoStar Group with a rating of Underweight and set a new price target of $65.00

RBC Capital Mkts downgraded CoStar Group from Outperform to Sector Perform and set a new price target of $83.00 from $96.00 previously

Citigroup reiterated coverage of CoStar Group with a rating of Buy and set a new price target of $97.00 from $90.00 previously

BTIG Research initiated coverage of CoStar Group with a rating of Neutral

Goldman resumed coverage of CoStar Group with a rating of Buy and set a new price target of $98.00

Jefferies resumed coverage of CoStar Group with a rating of Hold and set a new price target of $82.00 from $80.00 previously

JMP Securities resumed coverage of CoStar Group with a rating of Mkt Outperform and set a new price target of $100.00

Industry Veteran Brings Over 20 Years of Multifamily Expertise to the Role CoStar Group, Inc. (NASDAQ:CSGP), a leading provider of online real estate marketplaces, information, analytics, and 3D digital twin technology in the property markets, announced today the appointment of Grant Montgomery as National Director of Multifamily Analytics. The hire will augment the company's already powerful analytics across the U.S. multifamily sector, adding value for CoStar Group clients and the commercial real estate industry as a whole. In his new role, Montgomery will serve as CoStar Group's industry-facing representative for the multifamily sector, delivering the company's data-driven perspectiv

Appoints John Berisford, Rachel Glaser and Christine McCarthy to the Board as Independent Directors Appoints Louise Sams Chairman of the Board Establishes Capital Allocation Committee of the Board to Comprehensively Evaluate Significant Investments and Confirm Financial Targets Enters into Support Agreements with the D. E. Shaw Group and Third Point CoStar Group, Inc. (NASDAQ:CSGP) ("CoStar Group," the "Company," "we," "us" or "our"), a leading provider of online real estate marketplaces, information and analytics in the commercial and residential property market, today announced the appointment of John Berisford, Rachel Glaser and Christine McCarthy to the Company's Board of Directors

Land.com will incorporate valuations on 2.8 million parcels of land provided by Ag-Analytics' AcreValue platform CoStar Group, Inc. (NASDAQ:CSGP) ("CoStar Group," "we" or "our"), a leading provider of online real estate marketplaces, information and analytics in the commercial and residential property markets, today announced that it has acquired agricultural data company Ag-Analytics. The strategic acquisition of Ag-Analytics will specifically enhance CoStar Group's Land.com platform, marking the company's extension into the agricultural land sector. This acquisition will strengthen the data capabilities for farmland, forestland, recreational, and other rural properties through Ag-Analyt

CoStar Group (NASDAQ:CSGP), a leading provider of online real estate marketplaces, information, and analytics in the property markets, today announced the appointment of Rich Simonelli as Head of Investor Relations and Cyndi Eakin as Chief Accounting Officer. Each will report to Chris Lown, Chief Financial Officer of CoStar Group. Simonelli, who previously held a similar role at CoStar Group for nine years, will rejoin the company from national real estate brokerage Compass, where he served as Senior Vice President, Investor Relations. As an experienced manager of the integral relationship between investors and publicly traded companies, especially in the real estate industry, Simonelli

Christian Lown, EVP and CFO at Freddie Mac, brings decades of M&A, capital markets and real estate finance experience CoStar Group (NASDAQ:CSGP), a leading provider of online real estate marketplaces, information, and analytics in the property markets, today announced the appointment of Christian M. Lown as Chief Financial Officer effective July 1, 2024. Lown will join CoStar Group from Fortune 500-ranked home loan giant Freddie Mac, where he serves as Executive Vice President and Chief Financial Officer until June 28, 2024. He will report to Andy Florance, Founder and Chief Executive Officer of CoStar Group. As a well-respected leader with more than 25 years of experience in banking, f

CoStar Group (NASDAQ:CSGP), a leading global provider of online real estate marketplaces, information news and analytics, announced today the appointment of Sandra Roumi as its first France General Manager, to lead the Group's France expansion efforts. Sandra Roumi is a seasoned journalist and a well-respected figure in the French real estate industry. Roumi brings a keen understanding of the sector and unparalleled knowledge of the specificities of the French market. After serving as the Editor-in-Chief of all platforms at Business Immo, she was appointed its Deputy President and Director of Publications in 2018. In her new role as General Manager of CoStar Group in France, she will adva

CoStar Group (NASDAQ:CSGP), a leading provider of online real estate marketplaces, information, and analytics in the commercial and residential property markets, today announced the expansion of its board to nine members with the appointment of Angelique Brunner as an independent member of the board. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230801774592/en/(Photo: Business Wire) Angelique Brunner joins the Board with more than 25 years of experience in finance and real estate and venture capital. She is CEO and Founder of EB5 Capital, an industry-leading investment company specializing in raising foreign capital for real e

CoStar Group, Inc. (NASDAQ:CSGP), a leading provider of commercial and residential real estate information, analytics, and online marketplaces, today announced the appointment of Cyndi Eakin as Senior Vice President of Investor Relations, effective immediately. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220602005913/en/Cyndi Eakin, Senior Vice President of Investor Relations (Photo: Business Wire) As head of Investor Relations, Ms. Eakin will be responsible for maintaining and expanding relationships with institutional investors and analysts and communicating CoStar's strategy and business results to Wall Street. She will als

CoStar Group, Inc. (NASDAQ:CSGP) – a leading provider of online real estate marketplaces, information, and analytics in the commercial and residential property markets today proudly announced the appointment of David Mele as the new President of LoopNet. LoopNet is the most heavily trafficked mobile and online commercial real estate marketplace, connecting tenants and investors to commercial real estate available for sale and lease. As President, Mele will be responsible for the overall business strategy, sales, product management, marketing and extending LoopNet's success internationally. "Over the past several years, LoopNet has grown into the largest commercial real estate marketplace

CoStar Group, Inc. (NASDAQ:CSGP), the leading provider of commercial real estate information, analytics and online marketplaces announced today the appointment of Jay Lybik as National Director of Multifamily Analytics. The hire will elevate the company's already powerful analytics in the U.S. multifamily sector, adding value for CoStar Group clients and the commercial real estate industry. "We are thrilled to have a multifaceted leader such as Jay join the team," said Galina Alexeenko, Vice President, CoStar Group Market Analytics. "Jay's extensive experience in real estate research, coupled with CoStar's vast multifamily data, will allow our clients access to an unparalleled and rich vie

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CoStar Group, Inc. (NASDAQ:CSGP), a leading provider of online real estate marketplaces, information, analytics, and 3D digital twin technology in the property markets, announced today that revenue for the quarter ended June 30, 2025 was $781 million, up 15% over revenue of $678 million for the quarter ended June 30, 2024. Net income was $6.2 million and net income per diluted share was $0.01 for the second quarter 2025. Adjusted EBITDA was $85 million in Q2 2025, an increase of 108% from Q2 2024. "We had an outstanding Q2 2025 as we delivered our 57th consecutive quarter of double-digit revenue growth with a 15% year-over-year increase in revenue," said Andy Florance, Founder and Chief E

CoStar Group, Inc. (NASDAQ:CSGP), a leading provider of online real estate marketplaces, information, and analytics in the property markets, will announce financial results for the second quarter of 2025 following the market close on Tuesday, July 22, 2025. Management will conduct a conference call to discuss the second quarter results, as well as the Company's outlook at 5:00 PM EDT that same day. A live audio webcast of the conference call will be available in listen-only mode through the Investors section of the CoStar Group website: https://investors.costargroup.com. A replay of the webcast audio will also be available in the Investors section of our website for a period of time follo

Domain Board unanimously recommended that Domain shareholders vote in favor of the proposed Scheme CoStar Group, Inc. (NASDAQ:CSGP), a leading provider of online real estate marketplaces, information, analytics and 3D digital twin technology in the property markets, announced today that it has entered a binding Scheme Implementation Deed (SID) to acquire 100% of the issued capital of Domain Holdings Australia Limited, a leading Australian property marketplace. In February 2025, CoStar Group acquired approximately 17% of the ordinary shares of Domain at A$4.20 per share for a total purchase price of approximately A$452 million ($285 million). Under the terms of SID, which followed a period

Strong net new bookings growth in CoStar, LoopNet year-over-year Apartments.com adds most properties in a quarter since 2016 Homes.com continues to rapidly scale sales force CoStar Group, Inc. (NASDAQ:CSGP), a leading provider of online real estate marketplaces, information, analytics and 3D digital twin technology in the property markets, announced today that revenue for the quarter ended March 31, 2025 was $732 million, up 12% over revenue of $656 million for the quarter ended March 31, 2024. Net loss was $15 million and net loss per diluted share was $0.04 for the first quarter of 2025, which included a negative impact of $31 million associated with the Matterport acquisition. Adjuste

CoStar Group, Inc. (NASDAQ:CSGP), a leading provider of online real estate marketplaces, information, and analytics in the property markets, will announce financial results for the first quarter of 2025 following the market close on Tuesday, April 29, 2025. Management will conduct a conference call to discuss the first quarter results, as well as the Company's outlook at 5:00 PM EDT that same day. A live audio webcast of the conference call will be available in listen-only mode through the Investors section of the CoStar Group website: https://investors.costargroup.com. A replay of the webcast audio will also be available in the Investors section of our website for a period of time followi

Homes.com Network Solidifies its Position as the Number Two Residential Real Estate Marketplace in the United States; Board Approves Stock Repurchase Program CoStar Group, Inc. (NASDAQ:CSGP), a leading provider of online real estate marketplaces, information, and analytics in the property markets, announced today that revenue for the year ended December 31, 2024 was $2.74 billion, up 11% over revenue of $2.46 billion for the full year of 2023. Revenue for the fourth quarter of 2024 was $709 million, an increase of 11% over revenue of $640 million for the fourth quarter of 2023. Net income was $139 million for the year ended December 31, 2024, compared to $375 million for the year ended De

CoStar Group, Inc. (NASDAQ:CSGP), a leading provider of online real estate marketplaces, information, and analytics in the commercial and residential property markets, will announce financial results for the fourth quarter and full year 2024 following the market close on Tuesday, February 18, 2025. Management will conduct a conference call to discuss the fourth quarter and full year results, as well as the Company's outlook at 5:00 PM ET that same day. A live audio webcast of the conference call will be available in listen-only mode through the Investors section of the CoStar Group website: https://investors.costargroup.com. A replay of the webcast audio will also be available in the Inve

Visual Lease will become part of the CoStar Real Estate Manager platform, expanding both platforms' product lines and extending solutions for their customers CoStar Group (NASDAQ:CSGP), a leading provider of online real estate marketplaces, information, and analytics in the property markets, announced today that it has reached a definitive agreement to acquire Visual Lease. The strategic acquisition will enhance CoStar Group's Real Estate Manager business line and provide additional lease management and lease accounting value to corporations of all sizes. Founded in 1996, Visual Lease is a premier software platform for integrated lease management, accounting, and reporting, used by over 1

CoStar Group, Inc. (NASDAQ:CSGP), a leading provider of online real estate marketplaces, information and analytics in the property markets, announced today that revenue for the quarter ended September 30, 2024 was $693 million, up 11% over revenue of $625 million for the quarter ended September 30, 2023. Net income was $53 million in the third quarter of 2024, an increase of 176% from the second quarter of 2024. Net income per diluted share was $0.13. In the third quarter of 2024, EBITDA was $51 million and Adjusted EBITDA was $76 million, which represent increases from the second quarter of 2024 of 320% and 86% respectively. Adjusted EBITDA exceeded the mid-point of the Company's guidance

CoStar Group, Inc. (NASDAQ:CSGP), a leading provider of online real estate marketplaces, information, and analytics in the property markets, will announce financial results for the third quarter of 2024 following the market close on Tuesday, October 22, 2024. Management will conduct a conference call to discuss the third quarter results, as well as the Company's outlook at 5:00 PM EDT that same day. A live audio webcast of the conference call will be available in listen-only mode through the Investors section of the CoStar Group website: https://investors.costargroup.com. A replay of the webcast audio will also be available in the Investors section of our website for a period of time follo