Goldman Sachs Maintains Buy on CoStar Group (CSGP) Momentum with Homes.com Traffic Surge

CoStar Group, Inc. (NASDAQ:CSGP) ranks among the best real estate stocks to invest in. Following robust traffic growth on the company’s residential platform, Goldman Sachs reaffirmed its Buy rating and $105 price target for CoStar Group, Inc. (NASDAQ:CSGP) on September 22.

With favorable implications for residential revenue growth, the firm noted that online traffic at CoStar’s residential website, Homes.com, surged in recent months and hit a new one-year high. After declining by an average of 20% in the first quarter and 5% in the second, monthly unique visitors increased by 3% and 9% year-over-year in July and August, respectively.

Additionally, Goldman Sachs said that in June, July, and August, CoStar’s Apartments.com network outperformed Zillow Rentals year-over-year, indicating improved competitive posture and faster organic revenue growth in the second half of 2025 compared to the first half.

CoStar Group, Inc. (NASDAQ:CSGP) provides information, analytics, and digital marketplace services.

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Disclosure: None. This article is originally published at Insider Monkey.