Costar Group Inc Stock Price, News & Analysis

Homes.com (NASDAQ: CSGP) reported muted U.S. home price appreciation in October 2025: nationwide median sale price rose 1.3% year-over-year to $385,000 (up $5,000 from Oct 2024) and was below the June 2025 peak of $395,000. Month-over-month price change in October was +0.4%. Mortgage rates dipped to 6.17% by end of October but did not spur strong demand. New listings increased 10.1% YoY, and active inventory surpassed pre-pandemic levels.

The Midwest led with >5% YoY gains in several metros, while nearly one-third of ~1,000 markets saw YoY price declines, notably in some Sun Belt and West Coast metros.

CoStar Group (NASDAQ: CSGP) said its revised U.S. retail forecast dated Nov 13, 2025 is largely unchanged from July, with vacancy projected to rise through H1 2026 and peak at under 4.4% in H2 2026. CoStar highlighted stronger Q3 demand, a slowdown in store closures (retailers vacated 3% less space than Q2), and constrained new supply as reasons vacancy expansion should be limited.

The firm forecasts net absorption averaging 3.8M sq ft per quarter in 2026 versus a prior five-year average of 9.8M sq ft. Construction starts sit at multi-decade lows amid elevated costs, creating downside risk if tariffs and consumer strain worsen.

CoStar Group (NASDAQ: CSGP) lowered its near-term U.S. multifamily outlook on November 11, 2025, forecasting national apartment rent growth of -0.1% in Q4 2025, a downward revision of 160 basis points from its prior view. Vacancy is expected to hold at 8.2% through year-end 2025 before easing to 7.9% by end-2026. CoStar said Q4 2025 should mark a turning point as renters occupy more units than are added to supply for the first time since Q3 2021, supported by a shrinking construction pipeline and steady renter demand.

The update cites slower employment, population, and household formation as risks to absorption, while limited for-sale housing inventory continues to sustain multifamily demand. CoStar noted its websites averaged 143 million unique monthly visitors in Q3 2025.

CoStar Group (NASDAQ: CSGP) said Apartments.com reported U.S. multifamily rents fell in October 2025 to a national average of $1,708, a 0.3% month‑over‑month decline from September.

Annual rent growth slowed to 0.8% (down from 0.9% in August and 1.5% at the start of 2025). All regions posted monthly declines; the West led with -0.53% MoM. Midwest showed strongest annual growth at +2.2%, while Austin, Denver and San Antonio posted the steepest annual drops.

CoStar Group (NASDAQ: CSGP) published Apartments.com multifamily rent data for October 2025. The national average rent fell to $1,708, a 0.3% month-over-month decline from September and marking the fourth consecutive month of flat or negative monthly change.

Annual rent growth slowed to 0.8%, down from 0.9% in September and 1.5% at the start of the year. All U.S. regions posted monthly declines, led by the West at -0.53%. The Midwest showed the strongest annual gain at +2.2%. Select metros (Austin, Denver, San Antonio) saw double-digit negative annual moves tied to elevated new supply.

CoStar Group (NASDAQ: CSGP) is accepting nominations for the fifth annual CoStar Impact Awards, recognizing influential commercial real estate projects and transactions completed in 2025 across 129 markets in the United States, Canada and the United Kingdom. Categories include Lease of the Year, Commercial Development, Multifamily Development, Redevelopment and Sale/Acquisition of the Year.

Winners receive a customized trophy and promotion on CoStar platforms. Nominations are open through January 31, 2026.

CoStar Group (NASDAQ: CSGP) released an updated U.S. industrial forecast on October 31, 2025, keeping projections unchanged through 2026.

Key metrics: national industrial vacancy rose to 7.5% in Q3 2025 and is forecast to peak at 7.9% in Q3 2026. Positive net absorption returned in Q3 2025 but 2025 absorption is expected to be 50% below 2024. Rent growth is forecast at an average of 1.0% in 2025, near a 13-year low. Under-construction activity is tapering, but a speculative supply backlog will press occupancy.

CoStar Group (NASDAQ: CSGP) revised its U.S. office forecast on October 29, 2025, upgrading near-term occupancy and rent expectations.

Key changes include a swing from a previously forecasted -4 million square feet of absorption to +10 million over the next four quarters, rent growth now projected at 1% by late 2026 and 1.5% by mid-2027, and a view that vacancy will remain structurally elevated above 13.5% through 2030. The revision cites the strongest quarterly occupancy gains since 2019 and cautious hiring in knowledge industries as drivers and warns of downside risks from inflation, trade volatility, and weaker benchmark employment revisions.

CoStar Group (NASDAQ: CSGP) reported Q3 2025 results on October 28, 2025: revenues $834M (+20% YoY) and net new bookings $84M (+92% YoY). GAAP net loss was $31M (diluted loss $0.07). Non-GAAP net income rose to $97M (+10% YoY) with non-GAAP EPS $0.23 (+6% YoY). Adjusted EBITDA was $115M (+51% YoY).

Management increased full-year 2025 revenue guidance to $3.23B–$3.24B and raised adjusted EBITDA guidance to $415M–$425M. Company highlighted Homes.com growth: >26,000 Members (≈+150% YoY) and new AI feature Smart Search.