CoStar Group's revenue grew 12% YOY to $678M, according to Q2 earnings Tuesday. Traffic for the Homes.com Network of sites increased 73% YOY to 148M monthly average unique visitors
Some Northeast and Midwestern markets saw double-digit increases in median asking rent, according to new data released Tuesday
Damian Eales told Inman his company is focused on providing high quality leads and has plans to further leverage the network of its parent company, News Corp
Florance says Realtor.com lawsuit against CoStar is a response to Homes.com surpassing it in web traffic and takes aim at Zillow
‘Competitors should never be allowed to cheat and steal to get ahead,’ Move, Inc. attorneys claim in a new suit alleging an ex-Realtor.com employee maintained access to the data while at CoStar
Awarded since 1998, the Inman Innovator Awards honor the thought leaders making new visions of real estate a reality. Winners will be announced live at Inman Connect Las Vegas, July 30-Aug 1
The complaints, filed by a San Diego resident, seek class-action status and accuse the real estate companies of violating state and federal privacy laws due to their use of third-party tracking pixels
The partnership will give larger multifamily rental operators access to Moody's data on topics such as rents, vacancies and inventory
'The judge's decision created a loophole that could allow associations to sidestep antitrust scrutiny by cloaking restrictive rules as optional,' the DOJ's filing states
The median sale price for an existing home in the US has grown to a whopping $419,300 — the highest since NAR began tracking the metric — following 11-consecutive months of price gains
Construction starts on new housing units dropped 5.5% to a seasonally adjusted annual rate of 1,277,000 — 19.3% lower than levels in May 2023, according to US Census data released Thursday
The antitrust enforcer has until June 20 and 21 to give its take on three real estate-related cases and potentially influence upcoming commission changes
Opinion
Already touted by Zillow and others, the technology represents an opportunity for the real estate industry to reimagine itself at a time when solutions are desperately needed, writes Brad Inman
CoStar Group founder and CEO Andy Florance shares the next chapter of Homes.com's $1B marketing push, the fallacy of 'pure buyer agency' as portals recalibrate for a commission crunch
Zillow claimed ARMLS and Metro MLS conspired to create a 'monopoly' when they removed their deep integration with ShowingTime in favor of MLS Aligned's listing platform