CoStar Group will acquire Zonda, a provider of new-home construction data, homebuilder software, and residential real estate marketplaces, for $800 million in cash. The transaction is expected to close in the second half of 2026 and is expected to be accretive to adjusted earnings per share in its first full year. Zonda serves more than 3,000 customers across the homebuilding ecosystem, including major builders, developers, suppliers, and lenders in North America. Its platform supports the full lifecycle of new-home development, from land acquisition and construction forecasting to community marketing and online marketplaces, tracking more than 500 housing metrics. CoStar has built a broad real estate information platform through more than 40 acquisitions totaling about $7.3 billion, covering commercial, multifamily, residential resale, and spatial data.
"CoStar Group has agreed to acquire Zonda, the leading provider of new-home construction data, homebuilder software, and residential real estate marketplaces, for $800 million in cash. The deal, announced on Thursday, is expected to close in the second half of 2026 and will be accretive to adjusted earnings per share in its first full year."
"Zonda serves more than 3,000 customers across the homebuilding ecosystem, including many of the largest residential builders, developers, suppliers, and lenders in North America. Its platform covers the full lifecycle of new-home development, from land acquisition and construction forecasting to community marketing and online marketplaces, tracking more than 500 housing metrics."
"CoStar has spent the past 15 years assembling what is arguably the most comprehensive real estate information platform in the world. Its CoStar Suite dominates commercial real estate research. Like other data platform operators consolidating their markets, the company has expanded methodically through acquisitions, completing more than 40 deals for approximately $7.3 billion over that period."
"Apartments.com now generates $1.1 billion in annual revenue. Homes.com, the company's residential brokerage marketplace, has grown subscribers by 337% since the first quarter of 2024 and claims to be the second-largest and fastest-growing residential real estate marketplace in the United States. CoStar completed its $1.6 billion acquisition of Matterport, the 3D digital twin and AI company, in February 2025."
#real-estate-data #homebuilding-analytics #mergers-and-acquisitions #residential-marketplaces #costar-group
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