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07.04.26 - 15:06
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U.S. Retail Construction Activity Pulls Back in First Quarter (Business Wire)
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ARLINGTON, Va.--(BUSINESS WIRE)--U.S. retail construction activity was down in the first quarter of 2026, according to data from CoStar, the leading global provider of online real estate marketplaces, information and analytics in the property markets.
In Q1 2026, roughly 64.2 million square feet of retail space was under construction in the U.S., down from approximately 70 million square feet a year earlier and well below the 10-year average, which consistently exceeded 90 million square feet during the last expansion cycle.
Construction volumes now sit near levels last seen in the early stages of the post-pandemic recovery, underscoring the degree to which supply growth has disconnected from demand fundamentals.
“The pullback in construction reflects a development environment that remains difficult to pencil in most markets,” said Brandon Svec, national director of retail analytics at CoStar Group. “The sharp rise in land prices, construction costs, and interest rates over the past several years ha...
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02.04.26 - 15:06
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U.S. industrial asking rent growth has moderated across lease size ranges (Business Wire)
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ARLINGTON, Va.--(BUSINESS WIRE)--After seeing significant gains from 2021-23, U.S. industrial asking rent growth has moderated across the three lease size ranges, according to Q1 2026 data from CoStar, the leading global provider of online real estate marketplaces, information and analytics in the property markets.
National asking rent growth trends:
50,000 sq ft and greater: compound annual growth rate over 8.8% since 2019; current annual rent change is now -2.7%.
25,000-50,000 sq ft: compound annual growth rate over 6.8% since 2019; current annual rent change is now largely muted.
Less than 25,000 sq ft: compound annual growth rate over 5.5% since 2019; current annual rent change is now less than 1%.
“Asking rent growth has varied among the U.S. regions,” said Juan Arias, national director of industrial analytics at CoStar Group. “Leases larger than 50,000 square feet continue to see stronger annual asking rent gains in the mountain and northeastern states, having benefited from more limited gro...
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01.04.26 - 22:03
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CoStar Group to Report Financial Results for First Quarter on April 28, 2026 (Business Wire)
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ARLINGTON, VA.--(BUSINESS WIRE)--CoStar Group, Inc. (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information, analytics and 3D digital twin technology in the property markets, will announce financial results for the first quarter of 2026 following the market close on Tuesday, April 28, 2026. Management will conduct a conference call to discuss the first quarter results, as well as the Company's outlook at 5:00 PM EDT that same day.
A live audio webcast of the conference call will be available in listen-only mode through the Investors section of the CoStar Group website: https://investors.costargroup.com. A replay of the webcast audio will also be available in the Investors section of our website for a period of time following the call.
About CoStar Group
CoStar Group (NASDAQ: CSGP) is a global leader in commercial real estate information, analytics, online marketplaces, and 3D digital twin technology. Founded in 1986, CoStar Group is dedicated to digitizing the world's real est...
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17.03.26 - 14:06
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Homes.com Shares Most Expensive Home Sales Across Major U.S. Markets in February (Business Wire)
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$52.5 million home in New York City inks the most expensive sale of the month as multiple markets recorded transactions above $20 millionARLINGTON, Va.--(BUSINESS WIRE)--Homes.com, a CoStar Group (NASDAQ: CSGP) leading online residential marketplace, published the most expensive publicly marketed home sales across major U.S. metropolitan areas for the month of February.
The list highlights the top closed sales in leading markets nationwide based on publicly marketed transactions recorded in multiple listing service (MLS) data. February's most expensive sale occurred in New York City, where a condo on Park Avenue sold for $52.5 million. Los Angeles followed with a $40 million transaction for a six-bedroom home, while Boston recorded the third-highest publicly marketed sale at $22 million.
The full roundup of the most expensive publicly marketed home sales includes:
New York: $52.5 million
Los Angeles: $40 million
Boston: $22 million
Miami: $21 million
Phoenix: $20.9 million
Las Vegas: $20.5 million
Tampa:...
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16.03.26 - 09:06
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CoStar Group Appoints Nana Banerjee to Its Board of Directors (Business Wire)
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Appointment Brings Additional Experience in AI and Advanced Analytics to the Board as the Company Advances its Long-Term Growth StrategyARLINGTON, Va,--(BUSINESS WIRE)--CoStar Group, Inc. (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information, analytics, and 3D digital twin technology in the property markets, today announced that Nana Banerjee has been appointed as a new independent member of the Company's Board of Directors (the “Board”), effective immediately. With this appointment, the Board expands to nine directors, eight of whom are independent.
Nana Banerjee brings more than two decades of experience leading and scaling global technology and data-driven businesses to the Board. Most recently, he served as President and Chief Executive Officer of Pelmorex Corp., a global weather and climate data company best known for The Weather Network, where he successfully led the company's transformation with market leading AI-native offerings. He previously served as a Senior ...
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12.03.26 - 15:30
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US Home Prices Were Nearly Flat in February as Large Markets Split Evenly Between Gains and Declines (Business Wire)
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Homes.com analysis finds 19 large markets rising and 19 falling amid muted national price growthARLINGTON, Va.--(BUSINESS WIRE)--Homes.com, a CoStar Group (NASDAQ: CSGP) leading online residential marketplace, released a new report today analyzing home price trends through February 2026, including details across major metros and house types.
In February 2026, home prices in the U.S. showed almost no change year over year, as the housing market continued its gradual transition away from the overheated conditions of the early 2020s, according to the latest Homes.com data. The national median home price reached $375,885, just 0.2% higher than February 2025 and only 0.4% above January 2026.
Beneath that stable national number, price movement varied widely across the 40 large markets tracked by Homes.com, with an equal number experiencing increases and declines.
“The February data highlight a market that has settled into a more normal pattern, with prices holding close to where they were a year ago,” said ...
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