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[SITUATION] · [ACTIVE] · [BUSINESS]

2 clusters · 3 sources · 24 days · First seen · Last updated

CoStar Group business expansion and earnings

Overview

CoStar Group has demonstrated financial growth and strategic expansion through earnings performance and major acquisitions.

In late July 2026, the company reported second-quarter adjusted earnings of $0.32 per share, which surpassed Wall Street consensus estimates. During this period, institutional investors, including Dimensional Fund Advisors LP, increased their holdings in the company.

By late August 2026, CoStar Group completed an $800 million cash acquisition of Zonda, a platform focused on new home-construction data and residential real estate marketplaces. The acquisition aims to provide CoStar with a foothold in the U.S. new-home sales market by integrating Zonda’s proprietary lot-level construction data and analytics into its existing technology portfolio.

Entities

Livabl · NewHomeSource · CoStar Group Inc. · Zonda · CoStar Group

Timeline

  1. 1 day ago

    [BUSINESS] 3 sources
    CoStar Group completes $800M acquisition of Zonda

    CoStar Group has finalized an $800 million cash acquisition of Zonda, gaining access to new-home construction data and marketplaces like NewHomeSource and Livabl.

  2. 25 days ago

    [BUSINESS] 3 sources
    CoStar Group posts Q2 earnings beat as investors increase stakes

    CoStar Group posted Q2 net income of $55 million and adjusted EPS of $0.32, beating forecasts, while Dimensional Fund Advisors lifted its stake to 0.59% of the company.

Sources

commercialobserver.com · it-boltwise.de · reversemortgagedaily.com