Costar Group Inc Stock Price, News & Analysis

Homes.com, a CoStar Group (NASDAQ: CSGP) platform, reports that U.S. home prices grew modestly by 2.4% year-over-year to $389,000 in August 2025, below June's peak of $395,000. The housing market shows cooling signs with year-to-date price growth of just 3.5%, compared to 7% in the same period of 2024.

Regional variations are significant, with the Midwest leading price appreciation at over 7% while some Southern and California markets experienced declines. Among the top 40 markets, 15 showed minimal growth or decreases. Mortgage rates have dropped to 6.29%, the lowest since October 2024, potentially improving affordability and demand.

The Homes.com Network reached 111 million average monthly unique visitors in Q2 2025, with brand awareness rising from 4% to 42% following CoStar Group's marketing campaign launch in February 2024.

CoStar Group's (NASDAQ: CSGP) Apartments.com has released its August 2025 multifamily rent report, revealing a continued deceleration in national rent growth. The national average rent decreased by 0.23% to $1,713, down from July's $1,719, marking the second consecutive month of flat or negative growth.

Annual rent growth slowed to 1.0%, down from 1.1% in July. All regions experienced rent declines in August, with the West leading the decline at -0.5% month-over-month. At the metro level, San Francisco led with +0.6% monthly growth, while Richmond and Austin saw the steepest declines at -1.1%. Markets with high construction levels showed the weakest performance, while supply-constrained areas outperformed.

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%.

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.

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.