CoStar Buys Zonda for $800M

CoStar Group just dropped $800 million to buy Zonda, a powerhouse in new home construction data and software, marking its biggest leap into the $1 trillion U.S. residential build market. With Zonda’s lot-level database, project management tools, and direct-to-buyer platforms NewHomeSource and Livabl, CoStar gains deep industry access and a powerful consumer-facing edge. Serving 3,000+ builders, Zonda’s subscription model and high retention prove its value. CoStar plans to fuse Zonda’s tech with its own to create immersive digital home experiences, signaling a shift from heavy investment to growth and profitability. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/dc6278811a216282