CoStar Purchases Homesnap. What Does This Mean for Real Estate Data?

Deidre Woollard, The Motley Fool
·4-min read

Real estate mergers and acquisitions were on pause for much of this year, but they've started to heat up again and one company has been particularly voracious. CoStar Group (NASDAQ: CSGP), the leading provider of commercial real estate data, has grown by acquisition quite a bit in recent years, buying Lands of America, Ten-X Commercial, STR, LoopNet, and Apartments.com. In its third-quarter earnings, CoStar reported that revenue was up 23% year over year.