CoStar Group plans to reduce its net investment in listings site Homes.com by at least $100 million every year until 2030.
CoStar updated its 2026 outlook by reversing course on the residential platform, cutting its investment by roughly 35%.
The firm unveiled Boost during its first-quarter 2025 earnings call with investors and analysts in late April. During the call, Florance described Boost as a new marketing option for a single listing.
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