CoStar Group Inc. has reported its financial results for the first quarter of 2025, showing continued growth momentum. The company achieved $732 million in revenue, marking a 12% increase compared to the same period last year. This result continues CoStar Group's impressive streak, representing its 56th consecutive quarter of double-digit revenue growth. A significant contributor to this performance was Apartments.com, which generated $282 million in revenue, a rise of 11% year-over-year, and added 4,300 new properties, the highest number in nearly a decade. CoStar Group's strategic acquisitions, including Visual Lease and Matterport, have further expanded its global reach and technological capabilities. Under the leadership of CEO Andy Florance, CoStar Group maintains its position as a leader in the commercial and residential real estate data and analytics industry. Homes.com has notably become the second largest and fastest-growing residential real estate marketplace in the United States.
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