Top 5 Real Estate and Realty Stocks to Invest In According to Hedge Funds

3. CoStar Group Inc. (NASDAQ:CSGP)

Number of Hedge Fund Holders: 62

CoStar Group Inc. (NASDAQ:CSGP) ranks among the best real estate and realty stocks to invest in according to hedge funds. On June 4, Benchmark began coverage of CoStar Group Inc. (NASDAQ:CSGP) with a Buy rating and a $45 price target. According to analyst Michael Rindos, the stock had plummeted by roughly 50% year-to-date due to worries about the sluggish housing economy, aggressive expenditure at Homes.com, and buzz from activist investors.

The firm thinks the stock has reached its lowest point and is ready to climb again. In the second half of 2026, the residential segment’s AEBITDA is predicted to turn upbeat, while margins are anticipated to grow into 2027.

Additionally, on May 29, CoStar Group Inc. (NASDAQ:CSGP) announced that it had reached an agreement to pay $800 million in cash for Zonda, a supplier of homebuilder software and new house development data.

The deal comprises NewHomeSource and Livabl, two online new house marketplaces in the US and Canada. These platforms display listings from residential builders and offer floor plans, virtual tours, prices, and community information for newly built properties.

CoStar Group Inc. (NASDAQ:CSGP) provides online real estate marketplaces, information, and analytics for the commercial and residential property markets.

1281292 - 11759070 - 1