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CoStar Group reports company developments across online real estate marketplaces, property information, analytics, and 3D digital twin technology. News commonly covers market data and forecasts from CoStar and Apartments.com, including multifamily rent trends, office leasing, retail and industrial vacancy, hotel performance, and regional investment activity in the property markets.
Company updates also include quarterly operating results, bookings trends, marketplace traffic, acquisitions, and corporate governance developments. CoStar Group serves commercial and residential real estate customers through information products and marketplace brands used for property discovery, advertising, research, and market intelligence.
CoStar Group (NASDAQ: CSGP) reports that Big Six UK city office investment volumes hit their highest first-quarter level since 2018. Investors spent £485 million across Birmingham, Bristol, Edinburgh, Glasgow, Leeds and Manchester, slightly above the five-year average.
Manchester led with volumes above £120 million, followed by Edinburgh (£113m) and Bristol (£88m). A 200,000-square-foot asset sold for about £114 million at a 6.85% net initial yield. CoStar Group’s sites drew over 131 million average monthly unique visitors in Q1 2026.
Apartments.com and CoStar Group (NASDAQ: CSGP) report a major pullback in U.S. multifamily construction in Q1 2026. Apartment starts fell to about 55,000 units, 73% below the early‑2022 peak and the lowest since 2011.
The construction pipeline shrank to roughly 579,000 units, over 50% below its early‑2023 peak. Annual deliveries are down about 26% over the past four quarters. Mountain and South regions have the highest exposure, while Miami and Charlotte each have more than 6% of stock under construction.
CoStar Group (NASDAQ: CSGP) and Apartments.com revised U.S. multifamily forecasts on May 7, 2026. National vacancy is now expected to reach 8.8% by end-2026 and ease to 8.4% by end-2027. Apartment rent growth is projected at 0.2% Q1 2026, 0.5% Q2 2026, and 0.5% Q4 2026.
The agencies cite softer employment assumptions, excess inventory from the prior two years, and downside risks from energy price shocks and tariff-related labor impacts.
CoStar Group (NASDAQ: CSGP) reports that office investment led UK commercial property activity in Q1 2026, reaching £2.9 billion and representing 30% of total volumes. Total UK commercial property investment was £9.7 billion in Q1 2026.
Industrial investment fell to £1.8 billion (its weakest quarterly out-turn in nearly six years), retail was £1.2 billion (half the prior quarter and 60% below the five‑year quarterly average), and hotel investment totalled £1.2 billion amid near‑term headwinds. CoStar websites averaged over 131 million monthly unique visitors in Q1 2026.
CoStar Group (NASDAQ: CSGP) projects a balanced U.S. retail outlook through 2026 with vacancy expected to peak in the mid-4.4% range before stabilizing. Net absorption is forecast to be modest through H1 2026, improving to an average of 4–5 million sq ft per quarter in H2 2026. Q1 2026 saw elevated move-outs and larger batch closures, including higher mom-and-pop closure rates. CoStar flags downside risks from higher oil and gas prices, a softer labor market, and lower population gains.
CoStar Group (NASDAQ: CSGP) reports U.K. hotel RevPAR rose 1.2% in Q1 2026 while occupancy held steady. Regional demand in Glasgow, Manchester, Cardiff and Birmingham supported results, and domestic staycation demand spiked over Easter. London may face greater challenges due to reliance on international travel.
CoStar Group (NASDAQ: CSGP) revised its U.S. industrial-market forecast on April 30, 2026. National vacancy sits in the mid-7% range entering Q2 2026 and is now projected to peak in early 2027 before a gradual decline. Average annual rent growth for 2026–27 is lowered to +1.6%, with a slower recovery toward ~2% by late 2027. Risks cited include trade-policy volatility, rising tenant operating costs, and subdued consumer goods spending.
Apartments.com (NASDAQ: CSGP) reported U.S. apartment rents rose to $1,730 in April 2026, a 0.2% monthly increase and +0.5% year-over-year. April marked the fifth consecutive month of positive growth, but spring season gains were the weakest since 2014 (excluding 2020).
Regional monthly gains were broad-based; Midwest led annual growth at +2.0%, while the Mountain and South saw year-over-year declines.
CoStar Group (NASDAQ: CSGP) forecasts U.S. office vacancy will hold at 14% through 2026 after Q1 2026 vacancy fell to 14%, about 20 basis points below a mid-2025 peak. The firm projects ~10 million additional square feet of net absorption in 2026 and rent growth above 1% through 2026.
CoStar cites stronger near-term leasing momentum, historically low construction plus elevated demolitions, and flags downside risks from slow job growth and higher energy prices.
CoStar Group (NASDAQ: CSGP) reported Q1 2026 revenue of $897 million, up 23% year-over-year from $732 million. GAAP net income was $3 million and diluted EPS was $0.01. Adjusted EBITDA rose to $132 million (100% growth). Net new bookings were $67 million, up 20% year-over-year. The company reaffirmed 2026 revenue guidance of $3.78B–$3.82B, raised full‑year Adjusted EBITDA guidance to $780M–$820M, and expects full‑year Adjusted EPS of $1.32–$1.39.