Core Insights - The report from Apartments.com indicates that U.S. apartment rents increased in December 2025, with the national average reaching $1,708, reflecting a 0.1% rise from the revised figure of $1,707 in November [1] Rent Trends - The increase in December marks a reversal from the previous five months, which had shown either flat or negative monthly rent changes [1] - Annual rent growth has shown signs of easing, although specific figures for annual growth were not detailed in the report [1]

CoStar Group, Inc. (CSGP) shares fell 2.90 percent, dropping $1.95 to $65.25 on Wednesday, despite the company announcing an expanded long-term growth strategy and a new $1.5 billion share repurchase authorization.CoStar also issued its 2026 outlook, forecasting revenue of $3.78 billion to $3.82 billion, net income of $175 million to $215 million, and adjusted EBITDA of $740 million to $800 million, which would mark the highest adjusted EBITDA in the company's history.Shares were trading at $65.25, down fr ...

CoStar Group plans to reduce its net investment in listings site Homes.com by at least $100 million every year until 2030. ...

ARLINGTON, Va.--(BUSINESS WIRE)--CoStar, the leading global provider of online real estate marketplaces, information and analytics in the property markets, today released the three key trends that will likely shape Canada's real estate market outlook in 2026. An economy in structural transition In 2025, Canada's economy outperformed expectations, with strong domestic spending helping avoid a recession. The 2026 outlook, however, may be less optimistic. "Population growth is poised to decline du. ...

Shares of online real-estate marketplaces Zillow Group Inc (NASDAQ:ZG) and CoStar Group Inc (NASDAQ:CSGP) are gapping lower today, amid news that Alphabet (GOOGL) is testing home for-sale ads at the top of Google search results in certain markets. The new feature displays a carousel featuring property photos, prices, addresses, and other relevant information.ZG was last seen down 7.3% to trade at $67.11, eyeing its biggest single-day percentage drop since February, after earlier hitting its lowest level sin ...

Why This News Is Significant Key Takeaways Google is getting deeper into the home listings game, in what could mean more competition for Zillow and other real estate sites. Shares of Zillow Group (Z), which claims to be the most visited real estate website in the U.S., tumbled over 10% Monday after Alphabet's (GOOGL) Google began testing full home ads in its search results, including links to request tours and agent contacts. Other companies with home listing sites such as CoStar (CSGP) and Rocket Companies ...

Core Viewpoint - Shares of online real estate listing companies fell sharply due to Google's testing of a new ad format that displays homes-for-sale listings directly in search results, posing a threat to property portals' traffic and leads [1][3]. Group 1: Market Reaction - Zillow Group experienced a significant decline, with shares down 10.8%, marking its steepest fall since March 2024 and the lowest close since late May 2025 [1]. - Other real estate platforms also faced sharp sell-offs, with CoStar Group down about 7.8% and Rocket Companies down 4.7%, both heading for their lowest closes in years [2]. Group 2: Google’s New Feature - Google is testing a feature that displays home listings directly in search results, which could disrupt the traditional model of directing users to third-party portals [3]. - The feature includes property detail pages, options to request tours, and links to contact agents, which are central to the business model of real estate portals [4]. Group 3: Functionality of the Feature - The new ad format shows a carousel of property photos, prices, and details such as bedrooms and square footage at the top of search results for specific queries [5]. - Clicking on a listing leads to a detailed page with options to request a tour or contact a local agent, who typically responds within a few hours [6]. Group 4: Analyst Perspectives - Analysts view the test as a negative development for Zillow, as it could impact its Premier Agent program, which connects homebuyers with agents [8]. - Despite the potential long-term risks from Google's move, analysts like Robert Mollins maintain a buy rating on Zillow, suggesting that the test is unlikely to affect its market share or revenue growth in the near term [9]. - Goldman Sachs also maintains a Neutral rating on Zillow, emphasizing that most of its traffic comes from its own websites and apps rather than Google search [10].

ARLINGTON, Va.--(BUSINESS WIRE)--Homes.com, a CoStar Group leading online residential marketplace, released a new report today analyzing home price trends in November, including details across major metros and house types. Price data collected to date showed moderate home price appreciation in November, with the nationwide median rising 2.4% compared to the same month last year. The median sale price of $385,000 was up $9,120 from November 2024 and continued a 10-month stretch of median prices between $375, ...

Core Insights - U.S. apartment rents declined in November 2025, with the national average falling to $1,706, a 0.18% decrease from October's revised figure of $1,709, marking the steepest November decline in over 15 years [2] - Annual rent growth slowed to 0.7%, down from 0.8% in October and 1.5% at the start of the year, indicating a continued trend of flat or negative rent changes [2][3] Rent Trends - All regions experienced rent declines for the fourth consecutive month, with the West leading at -0.4%, followed by the South at -0.2%, the Northeast at -0.1%, and the Midwest at -0.01% [4] - The Midwest showed the strongest annual performance with a growth of +2.2%, while the West saw a decline of -1.5% year-over-year [4] Market Performance - Metro-level performance was weak, with only seven markets posting positive rent changes, including Louisville, Kansas City, and Norfolk, each with gains of +0.1% [5] - The steepest monthly declines were observed in Las Vegas (-0.8%), San Antonio, Austin, and Denver (-0.7%), indicating elevated vacancy rates due to aggressive new supply [6] Supply and Demand Dynamics - Markets with high levels of new construction are experiencing the weakest rent performance, while supply-constrained metros, particularly in the Midwest and select coastal areas, continue to outperform [8] - A substantial inventory overhang is still impacting rent growth across the country, despite many markets moving past peak supply [9]

Core Viewpoint - CoStar Group, Inc. (CSGP) is a significant player in the commercial real estate industry, providing essential information and analytics services, despite recent stock performance challenges [1][2]. Company Overview - CSGP has a market capitalization of $29.3 billion, classifying it as a large-cap stock, which highlights its size and influence in the real estate services sector [1][2]. - The company offers a vast proprietary database and generates recurring subscription revenue, which supports informed real estate and investment decisions for its customers [2]. Recent Performance - CSGP's stock has decreased by 29.2% from its 52-week high of $97.43, reached on August 5, and has declined 21.4% over the past three months, underperforming the Dow Jones Industrial Average's 5.8% increase during the same period [3]. - Over the past 52 weeks, CSGP has fallen 13.9%, while the Dow Jones Industrial Average has increased by 7.1% [4]. - Year-to-date, CSGP shares are down 3.6%, contrasting with the Dow Jones Industrial Average's 12.6% return [4]. Financial Results - On October 28, CSGP reported Q3 results that exceeded expectations, achieving a 20.4% year-over-year revenue growth to $833.6 million, surpassing consensus estimates by 2.4% [5]. - The company has recorded its 58th consecutive quarter of double-digit revenue growth, with an adjusted EPS of $0.23, which is a 4.5% increase from the previous year and above analyst expectations of $0.19 [5]. Competitive Position - CSGP has underperformed compared to its rival, CBRE Group, Inc. (CBRE), which has gained 18.3% over the past 52 weeks and 23.6% year-to-date [6].