Market Overview

CoStar Closes LoopNet Acquisition and Begins Cross-Selling of LoopNet Marketing and CoStar Information Services

CoStar Group, Inc. (Nasdaq: CSGP), commercial real estate's leading provider of information, analytic and marketing services, announced today that revenues for the second quarter of 2012 were $85.2 million versus revenue of $62.1 million for the second quarter of 2011. Total revenue increased 37% year-over-year, while revenue increased approximately 14% organically compared to the second quarter of 2011.

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