U.S. Apartment Rent Growth Continues
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 24 2026
0mins
Source: Newsfilter
- Rent Growth Trend: In June 2026, U.S. apartment rents rose to an average of $1,742, marking a 0.1% increase from May's $1,740, representing the seventh consecutive month of positive growth, indicating a recovery after a flat period in the latter half of 2025.
- Regional Performance Disparities: While all five regions posted month-over-month increases in June, the Pacific region led with a 0.2% rise, followed by the Midwest, South, Northeast, and Mountain regions at 0.1% each; however, the South and Mountain regions experienced year-over-year declines of 0.7% and 1.5%, reflecting ongoing supply-demand imbalances.
- Market Dynamics: Among the top 50 markets, 41 reported month-over-month rent growth in June, down from 43 in May, with San Francisco leading at a 0.7% increase, showcasing the resilience of high-demand markets amidst broader trends.
- Supply Pressure: Despite overall rent growth stabilizing, the persistent influx of new supply continues to exert pressure on the market, particularly in areas like San Antonio, which saw a 3.4% annual decline in rents, highlighting the significant dampening effect of oversupply on rent growth.
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Analyst Views on CSGP
Wall Street analysts forecast CSGP stock price to rise
13 Analyst Rating
8 Buy
4 Hold
1 Sell
Moderate Buy
Current: 28.700
Low
48.00
Averages
74.92
High
101.00
Current: 28.700
Low
48.00
Averages
74.92
High
101.00
About CSGP
CoStar Group, Inc. is a provider of online real estate marketplaces, information, analytics, and three-dimensional (3D) digital twin technology in the property markets. The Company operates through two segments, which include Commercial Real Estate and Residential Real Estate. Its Commercial Real Estate segment offers commercial real estate information and analytics, online marketplaces, and 3D digital twin technology. Its brands include CoStar and LoopNet. Its CoStar offers subscription-based access to its platform of commercial real estate intelligence. Its LoopNet is a commercial real estate marketing site which enables property owners, landlords, and brokers to advertise properties for sale or lease on a site. Its Residential Real Estate segment hosts marketplaces which aggregate consumer demand for homes to rent or buy and sell marketing and leads to the agents, owners, landlords, and property management companies to reach consumers with offerings.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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See More
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- Enhanced Global Connectivity: CEO Andy Florance noted that the launch facilitates easier cross-border investment, connecting France to a global subscriber base of over 320,000 professionals, further advancing the company's international strategy.
- Application of Technology Standards: CoStar continues to apply its global data and technology standards to new markets, providing French users with advanced tools to support performance and growth in an evolving real estate landscape.
See More
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- Market Entry: CoStar Group officially launches its commercial real estate intelligence platform in France, targeting the estimated €300 billion market by leveraging local acquisitions and research to enhance competitive positioning.
- Data Advantage: The platform aggregates over 290,000 properties, 385,000 commercial tenants, and 90,000 availabilities, providing real-time market analytics and industry news to help users access information and make decisions more swiftly.
- Global Network: CoStar's global database includes 9 million properties and 320,000 CRE professionals, enabling French users to evaluate domestic and international opportunities more easily, thus facilitating cross-border transactions.
- Technological Investment: CoStar has invested over $5 billion in data and technology over the past four decades, aiming to enhance data quality and transparency while supporting the growth and confidence of the French real estate ecosystem.
See More
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- Strategic Investment: CoStar Group has announced its acquisition of approximately 30% of Wikicasa in Italy, and while financial terms remain undisclosed, this move is expected to leverage Wikicasa's local market strengths alongside CoStar's global technology network, enhancing competitiveness in the real estate sector.
- Market Expansion: With over 600,000 listings, including more than 100,000 commercial properties, CoStar's investment will enable broader international exposure for these commercial listings through LoopNet, significantly expanding their market reach.
- Technology Integration: The collaboration is anticipated to accelerate the adoption of Matterport's 3D digital twin and AI technologies among residential and commercial real estate agencies in Italy, thereby enhancing industry standards and service quality.
- Management Confidence: CoStar's CEO Andy Florance expressed admiration for Wikicasa's management achievements and believes that by integrating technology and innovation, significant value can be created in the Italian property market, reflecting strong confidence in future growth.
See More
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- Equity Acquisition: CoStar Group's investment results in an approximately 30% stake in Wikicasa, aiming to leverage its global market scale alongside Wikicasa's local network to drive innovation and digital transformation in the Italian real estate market.
- Market Integration: As Italy's leading real estate marketplace, Wikicasa features over 600,000 listings, including more than 100,000 commercial properties, and CoStar's investment is expected to enhance market transparency and liquidity, strengthening its competitive position.
- Technological Synergy: CoStar plans to broaden the global visibility of Wikicasa's commercial listings through the LoopNet platform, which attracts over 13 million unique visitors monthly, facilitating connections between Italian properties and international markets.
- Digital Acceleration: Wikicasa's network will expedite the adoption of Matterport's 3D digital twin technology in Italy, enhancing real estate agents' marketing capabilities and driving the digital transformation of the entire industry.
See More
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- Stake Acquisition: CoStar Group announced its acquisition of approximately 30% of Wikicasa, an Italian real estate marketplace, aiming to enhance market competitiveness by integrating Wikicasa's local network with CoStar's technological advantages.
- Market Scale: The Wikicasa platform features over 600,000 listings, with more than 100,000 being commercial properties, highlighting its significant position in the Italian real estate market and expected to provide new growth opportunities for CoStar.
- Global Strategy: This investment will enhance the global visibility of Wikicasa's commercial listings through LoopNet, helping connect Italian properties with international markets, thereby expanding CoStar's global market influence.
- Collaboration Potential: Wikicasa's shareholders include leading Italian real estate agencies such as Tecnocasa and RE/MAX, and CoStar's investment will further strengthen its collaborative network and resource integration capabilities in the Italian market.
See More
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- Compensation Program Reform: Following extensive engagement with the top 50 shareholders representing 77% of outstanding shares, the Board and Compensation Committee introduced a redesigned executive compensation program for 2026, aimed at aligning executive pay with long-term shareholder value through more rigorous goals and enhanced transparency.
- Market Leadership Consolidation: CoStar Group attracted an average of 131 million monthly unique visitors in Q1 2026, further solidifying its leadership position in commercial real estate information and online marketplaces, demonstrating the broad appeal and demand for its platforms.
- Ongoing Investment in Innovation: The company plans to continue investing in innovation and technology, particularly in transformative technologies like Homes Ai and Apartments.com Ai, to assist clients in making better decisions, thereby driving long-term growth and sustainable returns.
See More
