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 been recognized on Forbes' 2025 America's Best Large Employers list, highlighting its commitment to employee growth and market leadership. The company demonstrated strong workforce metrics in 2024, including hiring 1,570 new employees (9.6% YoY increase) and maintaining a 99% monthly retention rate. Employee median tenure stands at 4.4 years, exceeding the national private sector average of 3.5 years.
The company reported impressive financial performance with $693 million in revenue for Q3 2024, representing an 11% year-over-year increase. This growth was driven by strong performance from Apartments.com and CoStar platforms. Additionally, Homes.com, backed by a $1 billion marketing campaign, has emerged as one of the top two residential marketplaces in the U.S.
Founded in 1986, CoStar Group now employs over 6,600 people across 14 countries. The company is included in both the S&P 500 Index and NASDAQ 100, and its websites attracted over 163 million average monthly unique visitors in Q3 2024.
Homes.com, a CoStar Group residential marketplace, announces its return to the Super Bowl with two 30-second commercials featuring Dan Levy, Heidi Gardner, and Morgan Freeman. The ads playfully hint at Homes.com being 'the best' home-shopping site while navigating legal restrictions on making such claims.
The company reports significant growth, with the Homes.com Network attracting 114 million unique visitors in January and averaging 110 million monthly unique visitors in the last fiscal quarter - nearly double Realtor.com's 62 million. Brand awareness has increased dramatically from 4% to 33%.
Homes.com differentiates itself as the first major U.S. real estate portal prioritizing homeowners and their agents, with members reportedly winning 58% more listings. Unlike competitors, Homes.com doesn't redirect leads from MLS listings to unrelated agents. The company plans to maintain its marketing presence across various media channels post-Super Bowl.
CoStar Group (NASDAQ: CSGP) announced a new client partnership with RX London, a boutique consultancy specializing in central London's real estate market. The partnership will provide RX London access to CoStar's commercial real estate data and analytics platform to enhance their business development, client advisory, and decision-making capabilities.
RX London, known for its independent consulting approach and expertise in capital markets, leasing, development, and lease advisory services, will utilize CoStar's suite of products to strengthen their data-driven methodology. The collaboration reinforces CoStar's position as a global leader in commercial real estate information and analytics, particularly in the UK market.
CoStar Group CEO Andy Florance has been named a 2025 RISMedia Real Estate Newsmaker, recognizing his transformative contributions to the real estate industry. The recognition primarily stems from his leadership in developing Homes.com, which saw remarkable growth following a $1 billion marketing campaign launched in February 2024.
Under Florance's direction, Homes.com achieved significant milestones, including 130 million average monthly unique visitors by Q3 2024, with unaided awareness increasing from 4% to 33%. The company also announced plans to acquire Matterport, aiming to integrate its 3D capture technology into CoStar's products.
CoStar Group continues to expand its portfolio of real estate marketplaces and analytics platforms, including Apartments.com, LoopNet, STR, and various international property portals. The company's websites collectively attracted over 163 million average monthly unique visitors in the third quarter of 2024.
CoStar Group (NASDAQ: CSGP) has been named one of HousingWire's 2025 Tech100 Real Estate honorees, recognizing the most innovative and impactful tech companies in the real estate industry. The company reported strong performance with $693 million in Q3 2024 revenue, representing an 11% year-over-year increase, driven by growth from Apartments.com and CoStar platforms.
Founded in 1986, CoStar Group has expanded to over 6,400 employees across 14 countries. The company's Homes.com platform has achieved significant growth through a $1 billion marketing campaign, becoming one of the top two residential marketplaces in the U.S. CoStar Group is included in both the S&P 500 Index and NASDAQ 100, highlighting its market prominence.
The company operates multiple leading platforms including Apartments.com, LoopNet, STR, Ten-X, and various international property portals, attracting over 163 million average monthly unique visitors in Q3 2024.
CoStar Group (NASDAQ: CSGP) has announced it will release its fourth quarter and full year 2024 financial results after market close on Tuesday, February 18, 2025. The company will host a conference call at 5:00 PM ET the same day to discuss the results and company outlook.
CoStar Group, founded in 1987, is a leading provider of online real estate marketplaces, information, and analytics. The company operates multiple platforms including Apartments.com, LoopNet, Homes.com, and various international property portals. Their websites attracted over 163 million average monthly unique visitors in the third quarter of 2024. The company maintains offices throughout the U.S., Europe, Canada, and Asia.
CoStar Group (NASDAQ: CSGP) has announced a strategic partnership with Chandler Garvey, a UK commercial property consultancy specializing in the Thames Valley region. Through this collaboration, Chandler Garvey will gain access to CoStar's real estate data and analytics platform as well as LoopNet's marketplace to enhance their service offerings and support growth initiatives.
The partnership will enable Chandler Garvey to leverage CoStar's comprehensive insights on property values, market conditions, occupancy levels, and availability. Additionally, through LoopNet, Chandler Garvey will be able to connect their commercial property listings with the world's largest audience of commercial tenants and buyers, enhancing visibility for their clients' properties.
CoStar Group (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information, and analytics, has announced a new client partnership with Bray Fox Smith, a London-based commercial property consultancy. The partnership enables Bray Fox Smith to utilize CoStar's commercial real estate data and analytics platform to enhance their advisory services and drive business growth.
Through this collaboration, Bray Fox Smith will gain access to CoStar's comprehensive insights on property values, market conditions, occupancy levels, and availability. This access aims to help the consultancy identify more business opportunities and better understand market value.
CoStar Group CEO Andy Florance has been named to Inman's 2025 Power Players list for the third consecutive year. The recognition stems from his leadership in developing CoStar's residential real estate portals, particularly Homes.com and Apartments.com. In 2024, Homes.com achieved significant growth following a $1 billion marketing campaign launched during the Super Bowl and the introduction of an agent subscription product. By Q3 2024, the Homes.com network reached 130 million average monthly unique visitors, with unaided awareness increasing from 4% to 33%. CoStar Group, founded in 1986, has expanded to over 6,400 employees across 14 countries and is included in both the S&P 500 and NASDAQ 100 indexes.
CoStar Group (NASDAQ: CSGP) has announced a new client partnership with Bidwells, a leading UK real estate advisor specializing in science & technology, sustainability, and modern living solutions. Through this partnership, Bidwells will gain access to CoStar's commercial real estate data and analytics platform to enhance their market tracking capabilities and deliver data-driven advisory services to their clients.
The collaboration reinforces CoStar's position as the global leader in CRE information and analytics. The company's platform is already trusted by major real estate firms including JLL, Cushman & Wakefield, Knight Frank, Lambert Smith Hampton, BNP Paribas Real Estate, Newmark, Avison Young and Colliers, demonstrating the industry's recognition of CoStar's solutions as essential tools for maintaining competitiveness.
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