CoStar Says Homes.com Is ‘Fast Approaching’ Zillow in Traffic

CoStar Group, the commercial real estate heavyweight that is making waves in residential spaces, announced in an earnings call July 23 that revenue for the quarter ended June 30, 2024 was $678 million, up 12% over revenue of $606 million for the quarter ended June 30, 2023. Net income was $19 million in the second quarter of 2024, down from $101 million in Q2 2023.

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