IRHM, Your Global Window into Real Estate and Hospitality

July 26, 2026

CoStar Group

Online property portal group CoStar has signed a definitive agreement to buy residential data specialist Zonda for 800 million dollars in cash. The acquisition brings Zonda's major B2B property information framework and its prominent consumer platforms under the CoStar umbrella. The deal targeting North American new-build housing data is expected to close during the final half of 2026.
CoStar Group has launched a voice-enabled AI experience on Homes.com to modernize property searching. By using Microsoft technology and 3D digital twins, the platform allows for real-time conversations to help buyers refine their choices. The system prioritizes data privacy and maintains the role of real estate agents by sending leads directly to them. This move marks a significant shift from traditional keyword searches to a more personalized, human-like digital consultation for home buyers.

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