CoStar to acquire housing market data provider Zonda

Key facts

• CoStar Group intends to acquire Zonda.
• Zonda provides data and analytics for the U.S. single-family housing market.
• The acquisition is expected to close in Q3 2023.

CoStar Group's acquisition of Zonda signifies a move to expand its reach within the U.S. housing market data sector. Zonda's expertise in single-family housing analytics is expected to complement CoStar's existing offerings, potentially enhancing its data and analytics capabilities for real estate professionals.