Market Share GainsThe y/y growth in online traffic at Homes.com meaningfully outperformed that of Zillow, reflecting continued share gains by CSGP in the residential category.
Marketing And Advertising SpendCSGP continues to outspend competitors like Realtor.com and Zillow in marketing, noting it spends ~2x more for streaming and ~4x more for digital than its peers.
Residential Revenue GrowthSignificant growth in online traffic at CoStar’s residential sites creates positive network effects, attracting more property managers, brokers, agents and owners to list on the site.