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 (NASDAQ: CSGP) published its roundup of the most expensive publicly marketed home sales in U.S. metros for February 2026. The top closed sale was a $52.5 million Park Avenue condo in New York City, followed by Los Angeles at $40 million.
Several Sun Belt metros recorded sales above $20 million, while the report is based on MLS public listings and excludes private/off-market deals.
CoStar Group (NASDAQ: CSGP) appointed Nana Banerjee to its Board of Directors effective March 16, 2026, expanding the Board to nine directors, eight of whom are independent.
Banerjee brings 20+ years of C-suite experience in data, AI, and analytics, including CEO roles at Pelmorex and McGraw-Hill and senior roles at Verisk and Cerberus.
Homes.com (NASDAQ: CSGP) reported U.S. median home prices were nearly flat in February 2026, with a national median of $375,885, up 0.2% year-over-year and 0.4% above January 2026. Markets split evenly: 19 metros rose and 19 fell, reflecting regional balance between affordability-driven gains and supply-driven increases.
Notable moves: St. Louis +8.1%, San Francisco +5.3%, Baltimore +4.9%; Denver -4.0%, Boston -3.7%, Austin -3.5%—signs of normalization rather than broad correction.
Summary not available.
D. E. Shaw sent an open letter on March 10, 2026 to the Board of CoStar Group (NASDAQ: CSGP) criticizing a recent segment reorganization that reduces transparency into Homes.com results.
The letter cites suspension of Homes.com bookings disclosure, a 9% stock drop that destroyed about $2 billion in market value, and concerns over prolonged underperformance and shareholder accountability.
CoStar Group (NASDAQ: CSGP) reports London office yields compressed sharply in 2025 amid rising investor demand. Transaction-based London office yields fell 130 basis points to 5.9% by Q4 2025, while average regional yields rose 70 bps to 10.5%, widening the spread to 460 bps.
Industrial yields climbed to 7.1% (up 60 bps), and retail and industrial yields reached parity for the first time since 2018.
Apartments.com (NASDAQ: CSGP) published its February 2026 multifamily rent growth report showing modest, uneven U.S. apartment rent gains. The national average rent rose to $1,716 (+0.1% month-over-month) and annual growth eased to +0.4% in February from +0.6% in January.
Supply pressures and elevated new construction weighed on Sun Belt metros, while supply-constrained and select coastal markets posted stronger gains.
CoStar Group (NASDAQ: CSGP) reported full‑year 2025 revenue of $3.2B, up 19% year‑over‑year, and fourth‑quarter revenue of $900M, up 27% versus Q4 2024. Full‑year net income was $7M; Adjusted EBITDA was $442M, up 83% YoY. Net new bookings were $308M. The company completed a $500M repurchase in 2025 and plans an additional $700M repurchase in 2026 under a $1.5B authorization. Management affirmed 2026 guidance of revenue $3.78B–$3.82B and Adjusted EBITDA $740M–$800M, and recast segments to Commercial and Residential product portfolios.
Homes.com (NASDAQ: CSGP) published the most expensive publicly marketed closed home sales in major U.S. metros for January 2026. Top sales included Miami $33,000,000, New York $29,500,000 and Los Angeles $23,500,000. The report covers MLS-listed transactions and excludes private/off-market deals.
Homes.com also noted strong demand for homes over $1 million and highlighted data limits in nondisclosure states such as Texas, where only list prices were available.
CoStar Group (NASDAQ: CSGP) kept its U.S. retail outlook unchanged through 2026, forecasting vacancy to rise slightly in early 2026 before easing later in the year and into 2027, with a peak near 4.4%.
Full-year net absorption is forecast at just over 16 million square feet, the third-lowest annual demand in the past decade, while supply remains limited and downside risks from tariffs and price increases persist.