Welcome to our dedicated page for Costar Group news (Ticker: CSGP), a resource for investors and traders seeking the latest updates and insights on Costar Group stock.
CoStar Group, Inc. (CSGP) delivers commercial real estate intelligence through its industry-leading analytics and digital marketplaces. This page provides centralized access to official company announcements, financial disclosures, and strategic developments impacting the property sector.
Investors and professionals will find timely updates including quarterly earnings, acquisition activity, leadership changes, and product innovations. Our curated collection ensures accurate tracking of CSGP's market position and contributions to real estate technology.
Key content categories include financial performance reports, portfolio expansion updates, and technology initiatives shaping property analytics. Bookmark this page for direct access to primary sources supporting commercial real estate investment decisions and market analysis.
CoStar Group (NASDAQ: CSGP) has successfully completed its acquisition of Domain Holdings Australia Limited, one of Australia's leading property marketplaces that reaches approximately 7 million Australians monthly.
The strategic acquisition combines CoStar's global scale, technology leadership, and pro-agent approach with Domain's local expertise and trusted Australian property brands. Led by CEO Andy Florance, CoStar aims to create a more balanced marketplace by delivering enhanced value at lower costs, challenging the existing market dynamics that have traditionally favored extracting rather than delivering value.
Domain's President Jason Pellegrino emphasized that the transaction will accelerate Domain's ability to deliver innovative solutions while maintaining its trusted position in the Australian property market. The integration will focus on implementing enhanced technology and customer solutions to benefit agents, vendors, and homebuyers.
CoStar Group's (NASDAQ: CSGP) Apartments.com has released its July 2025 multifamily rent growth report, revealing a flattening trend in national apartment rents. The national average rent remained at $1,717, showing a slight decline of -0.03% month-over-month, marking the sixth consecutive month of flat or negative growth.
Annual rent growth has decelerated from 1.5% in January to 1.1% in July 2025. Regional performance varies significantly, with the Midwest leading at 2.6% year-over-year growth, while the West declined -1.1%. Among major markets, San Francisco led with +5.3% annual growth, while Austin showed the largest decline at -4.3%.
The report highlights a clear regional divide, with Midwest and select coastal markets outperforming Sun Belt metros, which face elevated supply pressures.Homes.com (NASDAQ:CSGP) released its July 2025 housing market report, revealing a 2.1% year-over-year increase in national median home prices to $393,000. The report highlights moderating price growth, with the past six months averaging 2.0% growth compared to 4.5% in the previous period.
Key findings show inventory levels surged 26% compared to July 2024, shifting towards a buyer's market despite persistently high mortgage rates. The Midwest and Northeast regions demonstrated the strongest price appreciation, with 7 of the top 10 performing metros located in the Midwest. However, 11 of the 40 largest metros experienced price declines, predominantly in the South.
[ "National median home price increased by $8,000 to $393,000 year-over-year", "Housing inventory increased 26% nationally, providing more options for buyers", "Midwest and Northeast regions showed strong price appreciation performance" ]CoStar Group (NASDAQ: CSGP) has filed a major lawsuit against Zillow for extensive copyright infringement, alleging the unauthorized use of over 46,000 copyrighted photographs displayed more than 250,000 times across Zillow's platforms. The lawsuit, filed in New York federal court, claims Zillow is distributing CoStar's watermarked images not only on its own site but also through partnerships with Redfin and Realtor.com.
CoStar, which has invested billions in building the world's largest real estate photograph library, creates over two million original real estate photos annually. The company warns it may pursue legal action against Redfin and Realtor.com if the images aren't removed. Notably, Zillow has previously faced similar charges, having paid millions in damages for copyright infringement to VHT, Inc.
CoStar Group (NASDAQ: CSGP), a leading provider of real estate marketplaces and analytics, has appointed Grant Montgomery as National Director of Multifamily Analytics. Montgomery brings over 25 years of real estate research experience to the role, having previously served as Vice President of Research at Elme Communities and Senior Vice President at Delta Associates.
In his new position, Montgomery will serve as CoStar's industry-facing representative for the multifamily sector, delivering data-driven market perspectives and insights. The appointment aims to strengthen CoStar's analytics capabilities across the U.S. multifamily sector, enhancing value for clients and the commercial real estate industry.
CoStar Group (NASDAQ: CSGP) reported strong Q2 2025 results with revenue reaching $781 million, up 15% year-over-year. The company achieved record-breaking quarterly net new bookings of $93 million, a 65% increase from Q1. Key highlights include a 56% increase in Homes.com Members from Q1 2025, with agents demonstrating 62% higher listing success rates compared to non-members.
Financial performance showed net income of $6.2 million ($0.01 per diluted share) and adjusted EBITDA of $85 million, up 108% from Q2 2024. The company's commercial information and marketplace brands achieved a 43% profit margin. The Homes.com Network emerged as the second-largest in the U.S. with 111 million average monthly unique visitors.
CoStar raised its 2025 guidance, now expecting full-year revenue between $3.135-$3.155 billion (15% YoY growth) and adjusted EBITDA of $370-$390 million.
Homes.com, a CoStar Group (NYSE:CSGP) company, released its June housing market report showing muted price growth nationwide. The national median home price increased by just 1.3% year-over-year to $395,000, representing a modest $5,000 increase from June 2024.
The report highlights that townhomes and condos experienced price declines compared to last year. The Midwest and Northeast regions showed the strongest price appreciation, with 5 of the top 10 performing metros located in the Midwest. Notably, about 25% of the 40 largest metros saw year-over-year price declines, particularly in Sun Belt markets facing high inventory and weak demand.
The moderate price growth is attributed to increased housing inventory and persistent affordability challenges, with elevated mortgage rates continuing to impact buyer demand.CoStar Group (NASDAQ:CSGP) released its Q2 2025 multifamily rent growth report showing national year-over-year asking rent growth of 0.9%, down from 1.2% in Q1. The national average rent reached $1,773 per unit, with a quarter-over-quarter increase of 0.6%.
The vacancy rate remained stable at 8.2% for three consecutive quarters. Q2 recorded 151,440 units of absorption, up 21% from Q1 but down 9% year-over-year. New supply additions totaled 175,655 units, exceeding absorption. Among top markets, San Francisco led with 5.1% rent growth, while Austin saw the largest decline at -4.3%.
The luxury segment showed weaker performance with 0.5% rent growth and 11.5% vacancy, while mid-priced properties performed better with 1.1% rent growth and 7.5% vacancy. The market is projected to add 485,000 new units in 2025, 30% fewer than 2024.
CoStar Group (NASDAQ: CSGP), a leader in commercial real estate information and analytics, has appointed Alexa-Maria Rathbone Barker as Head of CoStar Europe. This strategic appointment aims to strengthen the company's European presence, with planned expansions into France, Spain, and Germany.
Rathbone Barker, who previously served as Head of European Sales at CoStar and held senior leadership positions at Bloomberg, brings multilingual capabilities and extensive industry expertise. In her expanded role, she will oversee UK operations while spearheading European expansion initiatives, focusing on deepening relationships with key commercial real estate players and fostering client growth through partnerships.
CoStar Group (NASDAQ: CSGP), a leading provider of real estate marketplaces and analytics, has scheduled its second quarter 2025 financial results announcement for Tuesday, July 22, 2025 after market close. The company will host a conference call at 5:00 PM EDT the same day to discuss the results and outlook.
The company's websites, which include prominent brands such as CoStar, LoopNet, Apartments.com, and Homes.com, attracted over 130 million average monthly unique visitors in Q1 2025. Founded in 1986, CoStar Group operates globally, offering services including commercial real estate data, analytics, and 3D digital twin technology through its subsidiary Matterport.
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