CoStar Group will raise subscription fees for new Homes.com customers effective May 1, 2026. The company announced the price hike during its first-quarter 2026 earnings call.
Management cited high platform value and significant return on investment for real estate agents as drivers for the decision. CoStar reported a 23% year-over-year revenue increase for the first quarter.
Adjusted EBITDA doubled during the three-month period. Following these results, the company raised its full-year guidance for adjusted EBITDA and earnings per share.