CoStar's Trading Volume Surges 55.47% to $599 Million Ranking 191st in Market Activity

On July 23, 2025, CoStar's trading volume reached $599 million, marking a 55.47% increase from the previous day and ranking 191st in the day's market activity. CoStar's stock price rose by 6.86%, marking the third consecutive day of gains, with a total increase of 7.44% over the past three days.

CoStar Group reported a 15% year-over-year increase in revenue for the second quarter of 2025, achieving an all-time high in quarterly net new bookings of $93 million. The company also saw a 56% increase in Homes.com members from the previous quarter.

CoStar's strong performance in the second quarter was highlighted by its 57th consecutive quarter of double-digit revenue growth. The company's revenue for the quarter reached $781.3 million, surpassing analyst expectations despite a decline in net income.

CoStar's impressive financial results have led to an increase in its annual revenue forecast, driven by a significant rise in net bookings. The company's sales team achieved $45 million in net new bookings, the fourth highest quarter ever, further solidifying its market position.