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Costar Group Inc - CSGP STOCK NEWS

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.

News

CoStar Group Appoints Angelique Brunner to Board of Directors

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CoStar Group (NASDAQ: CSGP) announces the appointment of Angelique Brunner as an independent member of the board. With over 25 years of experience in finance, real estate, and venture capital, Ms. Brunner brings extensive industry expertise to the company. This appointment comes during a period of significant growth and expansion for CoStar Group, which has seen over 10 straight years of double-digit revenue growth and surpassed 100 million monthly unique visitors across its online marketplaces and websites.
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CoStar Group Second Quarter 2023 Revenue Increased 13% Year-over-Year and Net New Bookings Were $82 Million. CoStar Group Reaches 105 Million Monthly Visitors.

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CoStar Group, Inc. announced Q2 2023 revenue of $606 million, a 13% increase YoY. Net income for the quarter was $101 million, up 20% from the previous year. Apartments.com revenue grew by 23% in Q2. Traffic to CoStar Group's websites reached 105 million unique visitors in June, a new high. The residential network saw 84 million average monthly unique visitors, with Homes.com network traffic growing by 130% YoY in June.
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Ten-X Announces Season 2 of “Battle of the Bids” Property Auction Competition with Enhanced Features and Larger Prizes

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Ten-X Launches Season 2 of 'Battle of the Bids' with Enhanced Features and Bigger Cash Prizes, Open to a Wider Audience
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Apartments.com Publishes Rent Growth Report for Second Quarter of 2023

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Apartments.com releases report on multifamily rent growth trends for Q2 2023, showing supply outpacing demand. 520,000 new units expected to be delivered this year.
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CoStar Group to Report Financial Results for Second Quarter on July 25, 2023

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CoStar Group Named to 20th Anniversary Edition of Forbes Global 2000

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CoStar Group Signs Science Based Targets Initiative (SBTi) Commitment for Emissions Reduction

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Ten-X Releases Auction Insights Report Featuring Data-Driven, Proprietary Insights on Multifamily Housing Industry

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LoopNet and Google Release Commercial Real Estate Study Focused on Identifying Trends in Tenant and Investor Online Search Behavior

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LoopNet, a CoStar Group company, has released a research report on the commercial real estate search behavior of tenants and investors. The study reveals that the internet is essential for 78% of investors and 80% of tenants in their property searches. Additionally, 61% of investors and 51% of tenants made property transactions that they initially found online. The report also highlights that 80% of tenants and 89% of investors continue to search for properties online independently of their brokers.
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CoStar Group Founder and CEO Andy Florance Named to Commercial Observer Power 100

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Andy Florance, Founder and CEO of CoStar Group, has been honored as one of Commercial Observer's Power 100, recognizing influential figures in the commercial real estate industry. CoStar Group's planned international growth and success in bringing staff back to the office and focusing on in-person collaboration are highlighted. CoStar Group has seen continued growth and positive financial results despite a turbulent year for the CRE industry.
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Costar Group Inc

Nasdaq:CSGP

CSGP Rankings

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CSGP Stock Data

33.61B
416.29M
1.27%
100.57%
3.74%
Real Estate Services
Services-business Services, Nec
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United States
WASHINGTON