**Louisbourg Investments Inc.** and **Venturi Wealth Management LLC** have joined other investors in increasing their shares in **CoStar Group**. Despite facing a recent 12% decline in share price, **RBC Capital** reiterated their sector perform recommendation for CoStar Group. The company has seen record traffic growth on its **Homes.com** platform and **multifamily rent growth**, making it a strong investment bet. Despite a recent dip in stock price, **CoStar Group**'s growth prospects remain promising with recent platform growth and analyst support shaping a positive valuation outlook. These developmental prospects have not gone unnoticed, as the company has been named among the best places to work in the CRE by **GlobeSt** and CEO **Andy Florance** has been recognized as a 2025 tech titan.
Other positive indicators include the firm’s expansion into the Australian market, following the acquisition of **Domain**, a pioneering move expected to usher in new innovative developments. Furthermore, despite challenges, **CoStar Group's Q2 2025 earnings** report demonstrated revenue growth acceleration up by 15%, marking an all-time highest quarterly net new bookings of $93 million and a substantial increase in Homes.com memberships, showing the company's solid growth momentum. Lastly, amid infringements of CoStar Group’s Intellectual Property by **Zillow**, both companies managed to turn the dispute into a surprise collaboration agreement.
Costar Group CSGP News Analytics from Thu, 19 Dec 2024 08:00:00 GMT to Sat, 11 Oct 2025 12:08:39 GMT - Rating 6 - Innovation 5 - Information 7 - Rumor -3
