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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.
Homes.com, a CoStar Group brand (NASDAQ: CSGP), reported that the U.S. median home sale price reached $395,000 in May 2026, up 1.8% from May 2025. Home sales were slightly lower year-over-year, while active listings increased, indicating a housing market moving toward better balance.
According to Homes.com, demand remained relatively steady despite higher mortgage rates, with conditions varying across metros and property types. Single-family and townhome prices rose modestly, while condo prices edged down as inventory expanded.
Homes.com, a CoStar Group (NASDAQ: CSGP) brand, released an analysis of the most expensive publicly marketed home sales across major U.S. metros for May. Los Angeles and New York City led with $35 million transactions, followed by Miami at $34 million and San Francisco at $24 million.
The roundup shows multiple markets, including San Diego, Seattle, Charlotte, Tampa, Boston, Phoenix and Las Vegas, with sales above $10 million. Homes.com reports its Network averaged 108 million monthly unique visitors in 2025 and that organic traffic to Homes.com rose more than 100% year-over-year each month in Q1 2026.
CoStar Group (NASDAQ: CSGP) launched Apartments.com Ai, a conversational apartment search experience available to all renters on Apartments.com.
The AI advisor uses Apartments.com’s multifamily data to understand preferences, answer complex questions, compare communities, guide Matterport 3D tours and continuously refine personalized recommendations. It complements CoStar’s Homes Ai platform.
CoStar Group (NASDAQ: CSGP) reports that vacancy rates for newer U.S. industrial properties over 500,000 square feet have begun to compress as large logistics occupiers return and build-to-suit deliveries drive absorption.
Mid-size and small-bay warehouses face higher vacancy as new supply outpaces demand, especially in markets like Phoenix and Austin.
CoStar Group (NASDAQ: CSGP) reported that Birmingham retail investment volumes hit a 10-year high, driven by shopping centre sales. The rolling 12‑month average quarterly volume reached £202 million to the end of Q1, around double the five-year annual average.
The 1.4 million sq ft Merry Hill centre is more than 96% let, with 2025 footfall of 15 million and sales up 4.3% year-on-year, following a £125 million investment programme. CoStar notes softer investor sentiment and more selective transactional activity after the Iran conflict, while its websites drew over 131 million average monthly unique visitors in Q1 2026.
CoStar Group (NASDAQ: CSGP) entered a definitive agreement to acquire Zonda from MidOcean Partners. Zonda is described as the #1 data, marketplace, and software platform for the new home ecosystem in North America.
Under MidOcean’s ownership, Zonda completed nine add-on acquisitions, more than doubled in scale, materially expanded margins, and achieved over 50 consecutive quarters of year-over-year ARR growth in a $27 billion+ addressable market.
CoStar Group (NASDAQ: CSGP) agreed to acquire Zonda, a new home construction data and marketplace provider, for $800 million in cash.
Zonda serves over 3,000 customers, has mostly subscription revenue and 104% net customer retention, and operates NewHomeSource and Livabl. CoStar Group expects the deal to be accretive to adjusted EPS in the first full year and to close in the second half of 2026, subject to regulatory approvals. The company also plans to combine Zonda’s Envision tools with Matterport technology to enhance digital home marketing.
Apartments.com, part of CoStar Group (NASDAQ: CSGP), reported modest U.S. multifamily rent growth for May 2026. The national average rent rose to $1,737, up 0.2% month over month and 0.7% year over year, marking six straight months of positive growth.
All five regions saw monthly increases, led by the Northeast and Pacific at 0.3%. Year over year, the Midwest grew 2.0% while the Mountain and South regions declined. Supply-heavy markets like Austin, San Antonio, Denver and Las Vegas posted notable annual rent drops.
CoStar Group (NASDAQ: CSGP) released new data showing the office yield gap narrowing between London and major UK regional markets. London’s transaction-based office yield rose to 6.5% in Q1 2026, while regional office yields declined to 10.3%, reducing but not eliminating a historically wide spread.
Central London office yields rose to 5.7%, and Big Six office yields compressed to 8.8%, narrowing their yield spread to 310 basis points. Retail yields held at 7.1%, and industrial yields compressed to 6.9%, pausing prior increases.
CoStar Group (NASDAQ: CSGP), via its Homes.com marketplace, released April data on the most expensive publicly marketed home sales in major U.S. metros. Miami led with a $47 million Coral Gables waterfront estate, followed by Los Angeles at $41.3 million and Phoenix at $32.5 million.
The roundup shows five markets with sales above $20 million, highlighting demand for ultra-luxury, water-view properties. Homes.com also reports an audience of 108 million average monthly unique visitors in 2025 and organic traffic growth above 100% year-over-year each month in Q1 2026.