CoStar Group's Homes.com and Matterport Recognized in the T3 Sixty 2025 Tech 200 | CSGP Stock News

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May 15, 2025
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  • CoStar Group (CSGP, Financial) recognized on the T3 Sixty 2025 Tech 200 list for innovations in real estate technology.
  • Homes.com and Matterport, under CoStar, highlight emerging trends with AI and digital twin advancements.
  • Matterport's 3D technology spans 177 countries, enhancing CoStar's portfolio with immersive property experiences.

CoStar Group, Inc. (CSGP), a leader in online real estate marketplaces and 3D digital twin technology, announced that its entities Homes.com and Matterport have been recognized in the prestigious T3 Sixty 2025 Tech 200 list. This list celebrates top-tier technology products crucial for brokerages, teams, and agents. The inclusion highlights CoStar's pivotal role in advancing real estate technology, particularly through artificial intelligence and market consolidation.

Homes.com, acquired by CoStar in February 2024, has rapidly established itself as a major player in the residential real estate market. As the second largest real estate portal in the U.S., it boasts 104 million average monthly unique visitors and a significant increase in consumer awareness, rising from 4% to 36% within a year. Member agents on the platform are reportedly securing 61% more listings compared to their non-member counterparts.

CoStar's acquisition of Matterport in February 2025 underscores its commitment to integrating cutting-edge technology into real estate. Matterport's 3D digital twin technology is now a cornerstone of CoStar's offerings, enabling enhanced property analytics and immersive virtual experiences across platforms like CoStar, LoopNet, Apartments.com, and Homes.com.

Andy Florance, CEO of CoStar Group, emphasized the company's focus on leveraging technology to drive transparency and efficiency in the real estate industry. The recognition on the Tech 200 list is a testament to CoStar's strategic investments in research, AI, and analytics, which continue to transform the real estate landscape.

With a market cap of $31.47 billion, CoStar Group is headquartered in Arlington, Virginia, and continues to exert a transformative influence on the global real estate market through its innovative technology and comprehensive data solutions.

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I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.