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CoStar Group acquires Homes.com.au for $22.8M

CoStar Group acquires Homes.com.au for $22.8M

06/03/25, 7:38 AM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgarlington
https://purecatamphetamine.github.io/country-flag-icons/3x2/AU.svgcremorne
Industry
real estate
real estate
CoStar Group has acquired Homes.com.au for $22.8 million, marking a strategic expansion into the Australian property listings market. This acquisition signals CoStar's intent to reshape its local presence while pursuing a larger $3 billion takeover of Domain. The move aligns with CoStar's strategy of investing in strong, brandable web real estate ahead of expansion.

Company Info

Company
CoStar Group
Location
Arlington, Virginia, United States
Company info
CoStar Group (NASDAQ: CSGP), is a leading provider of online real estate marketplaces, information, and analytics in the property markets. Founded in 1987, CoStar conducts expansive, ongoing research to produce and maintain the largest and most comprehensive database of commercial real estate information.

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