PRESS RELEASE

July 6, 2026

CoStar Group Appoints Mario Lefebvre as Chief Economist for Canada

Former Bank of Canada regional director and real estate research leader brings more than 30 years of economic and market expertise

Arlington, VA – (July 6, 2026) CoStar Group, Inc. (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information, and analytics across the property markets, today announced the appointment of Mario Lefebvre as Chief Economist, Canada.

In this role, Mr. Lefebvre will lead CoStar's Canadian market analytics and thought leadership efforts, providing economic and commercial real estate insights, research and forecasts for clients, industry stakeholders and media.

"Canada remains an important growth market for CoStar, and Mario's deep understanding of both the Canadian economy and commercial real estate industry makes him exceptionally well positioned to lead our efforts," said Jay Spivey, Senior Vice President of CoStar Analytics. "His extensive experience spanning central banking, institutional real estate investment, economic research and public policy will further strengthen the insights and expertise we deliver to our clients."

Mr. Lefebvre brings more than three decades of experience in economics, real estate research and public policy. Most recently, he served as Advisory Partner at Aviseo Conseil and since 2023, he has also served as a lecturer in the MBA program at the Université de Sherbrooke. Prior to Aviseo, Mr. Lefebvre spent four years as Regional Director for Quebec at the Bank of Canada, where he supervised the Bank's Business Outlook Survey across the province.

"CoStar's data, analytics and research capabilities have become increasingly important to the Canadian commercial real estate industry," said Mario Lefebvre. "I'm excited to join the company at a time when market participants are navigating significant economic and real estate changes, and I look forward to helping clients make more informed decisions through timely analysis and actionable insights."

Since launching in Canada in 2014, CoStar has provided commercial real estate professionals with comprehensive property information, market intelligence and analytics. Through its industry-leading research organization and technology platform, CoStar delivers verified real estate data and market insights that help clients identify opportunities, assess risk and make informed business decisions.

 

Media Contact:

Matthew Blocher
CoStar Group Corporate Marketing & Communications
mblocher@costar.com


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About CoStar Group 

CoStar Group (NASDAQ: CSGP), an S&P 500 company, is the global leader in commercial real estate information, analytics, online marketplaces, and 3D digital twin technology. Founded in 1986 and headquartered in Arlington, Virginia, CoStar Group has delivered 60 consecutive quarters of double-digit revenue growth, generating $3.2 billion in revenue in 2025. The company has invested more than $5 billion in building its proprietary database, employs over 1,500 researchers worldwide, and operates in more than 15 countries. CoStar Group is dedicated to digitizing the world’s real estate, empowering all people to discover properties, insights, and connections that improve their businesses and lives.

CoStar Group’s major brands include CoStar, a leading global provider of commercial real estate data, analytics, and news; LoopNet, the most trafficked commercial real estate marketplace; Apartments.com, the leading platform for apartment rentals; Homes.com, the fastest-growing residential real estate marketplace; and Domain, one of Australia’s leading property marketplaces. CoStar Group’s industry-leading brands also include Matterport, a leading spatial data company whose platform turns buildings into data to make every space more valuable and accessible; STR, a global leader in hospitality data and benchmarking; Ten-X, an online platform for commercial real estate auctions and negotiated bids; and OnTheMarket, a leading residential property portal in the United Kingdom.

CoStar Group’s websites attracted 131 million average monthly unique visitors in the first quarter of 2026, serving clients around the world. Headquartered in Arlington, Virginia, CoStar Group is committed to transforming the real estate industry through innovative technology and comprehensive market intelligence. From time to time, we plan to utilize our corporate website as a channel of distribution for material company information. For more information, visit CoStarGroup.com.