{"id":963814,"date":"2026-05-18T04:46:10","date_gmt":"2026-05-18T08:46:10","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/costar-data-shows-u-k-economy-outperformed-growth-expectations-in-q1-2026\/"},"modified":"2026-05-18T04:46:10","modified_gmt":"2026-05-18T08:46:10","slug":"costar-data-shows-u-k-economy-outperformed-growth-expectations-in-q1-2026","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/costar-data-shows-u-k-economy-outperformed-growth-expectations-in-q1-2026\/","title":{"rendered":"CoStar Data Shows U.K. Economy Outperformed Growth Expectations in Q1 2026"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }\n.bwuline { text-decoration: underline }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>CoStar Data Shows U.K. Economy Outperformed Growth Expectations in Q1 2026<\/b><\/p>\n<p>LONDON&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nLed by broad increases across the services sector, the U.K. economy expanded in March<i>, <\/i>according to data from <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.costargroup.com%2F&amp;esheet=54537499&amp;newsitemid=20260518451277&amp;lan=en-US&amp;anchor=CoStar&amp;index=1&amp;md5=3ec0d80d1fa7b59e2832c736485f75e6\">CoStar<\/a>, a global leading provider of online real estate marketplaces, information and analytics in the property markets.<\/p>\n<p id=\"news-body-cta\">This press release features multimedia. View the full release here: <a href=\"https:\/\/www.businesswire.com\/news\/home\/20260518451277\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20260518451277\/en\/<\/a><\/p>\n<div id=\"bwbodyimg\" style=\"width: 480px;float:left;padding-left:0px;padding-right:20px;padding-top:0px;padding-bottom:0px\"><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20260518451277\/en\/2807897\/4\/UK-economy-growth-Q1-2026.jpg\" alt=\"U.K. Economy Outperformed Growth Expectations in Q1 2026\" \/><\/p>\n<p style=\"font-size:85%\">U.K. Economy Outperformed Growth Expectations in Q1 2026<\/p>\n<\/div>\n<p>\nQuarterly growth reached 0.6%, up from 0.1% in the final three months of 2025, with March expanding by 0.3%.<\/p>\n<p>\nConstruction also returned to growth, rising 0.4%, largely driven by repair and maintenance activity rather than new projects. Meanwhile, production output, including manufacturing, edged up 0.2%.<\/p>\n<p>\n\u201cThe latest U.K. PMI data points to a stronger-than-expected economic backdrop,\u201d said Patrick Scanlon, senior director of market analytics at CoStar Europe. \u201cWith manufacturing output rising to a near four-year high (53.6 in April) and services activity continuing to expand at a steady pace (52.7).\u201d<\/p>\n<p>\nOn a monthly basis, the most significant drag on gross domestic product came from a 6.4% decline in travel agency and tour operator activity.<\/p>\n<p>\nThe full analysis can be found <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.costar.com%2Farticle%2F2021539868%2Fuk-economic-growth-accelerates-despite-iran-conflict&amp;esheet=54537499&amp;newsitemid=20260518451277&amp;lan=en-US&amp;anchor=here&amp;index=2&amp;md5=d222a48e0baebce9c944cb479f564647\">here<\/a>.<\/p>\n<p>\nFor more information about the company and its products and services, please visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.costargroup.com&amp;esheet=54537499&amp;newsitemid=20260518451277&amp;lan=en-US&amp;anchor=www.costargroup.com&amp;index=3&amp;md5=389100a503e99ea5a7ba9fad2add82b8\">www.costargroup.com<\/a>.<\/p>\n<p><b><span class=\"bwuline\">About CoStar Group<\/span><\/b><\/p>\n<p>\nCoStar Group (NASDAQ: CSGP) is a global leader in commercial real estate information, analytics, online marketplaces, and 3D digital twin technology. Founded in 1986, CoStar Group is dedicated to digitizing the world\u2019s real estate, empowering all people to discover properties, insights, and connections that improve their businesses and lives.<\/p>\n<p>\nCoStar Group\u2019s 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\u2019s leading property marketplaces. CoStar Group\u2019s 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.<\/p>\n<p>\nCoStar Group\u2019s websites attracted over 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 <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fnam04.safelinks.protection.outlook.com%2F%3Furl%3Dhttp%253A%252F%252Fwww.costargroup.com%252F%26data%3D05%257C02%257Ckcapova%2540str.com%257C5c7d5fa16d1f492b629108dd711cdcdd%257C9a64e7ca363f441c9aa74f85977c09f1%257C0%257C0%257C638791090977538834%257CUnknown%257CTWFpbGZsb3d8eyJFbXB0eU1hcGkiOnRydWUsIlYiOiIwLjAuMDAwMCIsIlAiOiJXaW4zMiIsIkFOIjoiTWFpbCIsIldUIjoyfQ%253D%253D%257C0%257C%257C%257C%26sdata%3DzTGAkD6jkqwLHG5sxi4cxjyWf4Kr6%252Fa1GJmsgxQJhCo%253D%26reserved%3D0&amp;esheet=54537499&amp;newsitemid=20260518451277&amp;lan=en-US&amp;anchor=CoStarGroup.com&amp;index=4&amp;md5=1ea80b2657c90103691c8b1fb2648d5a\">CoStarGroup.com<\/a>.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20260518451277r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20260518451277\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20260518451277\/en\/<\/a><\/span><\/p>\n<p>\nKarolina Capova<br \/>\n<br \/>Senior Media Relations Specialist<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:kcapova@costar.com\">kcapova@costar.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> Europe Ireland United Kingdom<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Data Analytics Professional Services Residential Building &amp; Real Estate Commercial Building &amp; Real Estate Construction &amp; Property<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Photo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20260518451277\/en\/2807897\/3\/UK-economy-growth-Q1-2026.jpg\" alt=\"Photo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\">U.K. Economy Outperformed Growth Expectations in Q1 2026<\/font><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20260518451277\/en\/737718\/3\/CoStar_Group_logo_detail_2.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>CoStar Data Shows U.K. Economy Outperformed Growth Expectations in Q1 2026 LONDON&#8211;(BUSINESS WIRE)&#8211; Led by broad increases across the services sector, the U.K. economy expanded in March, according to data from CoStar, a global leading provider of online real estate marketplaces, information and analytics in the property markets. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20260518451277\/en\/ U.K. Economy Outperformed Growth Expectations in Q1 2026 Quarterly growth reached 0.6%, up from 0.1% in the final three months of 2025, with March expanding by 0.3%. Construction also returned to growth, rising 0.4%, largely driven by repair and maintenance activity rather than new projects. Meanwhile, production output, including manufacturing, edged up 0.2%. \u201cThe latest U.K. PMI data points to a &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/costar-data-shows-u-k-economy-outperformed-growth-expectations-in-q1-2026\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;CoStar Data Shows U.K. Economy Outperformed Growth Expectations in Q1 2026&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-963814","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>CoStar Data Shows U.K. Economy Outperformed Growth Expectations in Q1 2026 - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/costar-data-shows-u-k-economy-outperformed-growth-expectations-in-q1-2026\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CoStar Data Shows U.K. Economy Outperformed Growth Expectations in Q1 2026 - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"CoStar Data Shows U.K. Economy Outperformed Growth Expectations in Q1 2026 LONDON&#8211;(BUSINESS WIRE)&#8211; Led by broad increases across the services sector, the U.K. economy expanded in March, according to data from CoStar, a global leading provider of online real estate marketplaces, information and analytics in the property markets. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20260518451277\/en\/ U.K. Economy Outperformed Growth Expectations in Q1 2026 Quarterly growth reached 0.6%, up from 0.1% in the final three months of 2025, with March expanding by 0.3%. Construction also returned to growth, rising 0.4%, largely driven by repair and maintenance activity rather than new projects. Meanwhile, production output, including manufacturing, edged up 0.2%. \u201cThe latest U.K. PMI data points to a &hellip; Continue reading &quot;CoStar Data Shows U.K. Economy Outperformed Growth Expectations in Q1 2026&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/costar-data-shows-u-k-economy-outperformed-growth-expectations-in-q1-2026\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2026-05-18T08:46:10+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mms.businesswire.com\/media\/20260518451277\/en\/2807897\/4\/UK-economy-growth-Q1-2026.jpg\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/costar-data-shows-u-k-economy-outperformed-growth-expectations-in-q1-2026\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/costar-data-shows-u-k-economy-outperformed-growth-expectations-in-q1-2026\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"CoStar Data Shows U.K. Economy Outperformed Growth Expectations in Q1 2026\",\"datePublished\":\"2026-05-18T08:46:10+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/costar-data-shows-u-k-economy-outperformed-growth-expectations-in-q1-2026\\\/\"},\"wordCount\":504,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/costar-data-shows-u-k-economy-outperformed-growth-expectations-in-q1-2026\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/mms.businesswire.com\\\/media\\\/20260518451277\\\/en\\\/2807897\\\/4\\\/UK-economy-growth-Q1-2026.jpg\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/costar-data-shows-u-k-economy-outperformed-growth-expectations-in-q1-2026\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/costar-data-shows-u-k-economy-outperformed-growth-expectations-in-q1-2026\\\/\",\"name\":\"CoStar Data Shows U.K. Economy Outperformed Growth Expectations in Q1 2026 - 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This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20260518451277\/en\/ U.K. Economy Outperformed Growth Expectations in Q1 2026 Quarterly growth reached 0.6%, up from 0.1% in the final three months of 2025, with March expanding by 0.3%. Construction also returned to growth, rising 0.4%, largely driven by repair and maintenance activity rather than new projects. Meanwhile, production output, including manufacturing, edged up 0.2%. \u201cThe latest U.K. PMI data points to a &hellip; Continue reading \"CoStar Data Shows U.K. Economy Outperformed Growth Expectations in Q1 2026\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/costar-data-shows-u-k-economy-outperformed-growth-expectations-in-q1-2026\/","og_site_name":"Market Newsdesk","article_published_time":"2026-05-18T08:46:10+00:00","og_image":[{"url":"https:\/\/mms.businesswire.com\/media\/20260518451277\/en\/2807897\/4\/UK-economy-growth-Q1-2026.jpg","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/costar-data-shows-u-k-economy-outperformed-growth-expectations-in-q1-2026\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/costar-data-shows-u-k-economy-outperformed-growth-expectations-in-q1-2026\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"CoStar Data Shows U.K. Economy Outperformed Growth Expectations in Q1 2026","datePublished":"2026-05-18T08:46:10+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/costar-data-shows-u-k-economy-outperformed-growth-expectations-in-q1-2026\/"},"wordCount":504,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/costar-data-shows-u-k-economy-outperformed-growth-expectations-in-q1-2026\/#primaryimage"},"thumbnailUrl":"https:\/\/mms.businesswire.com\/media\/20260518451277\/en\/2807897\/4\/UK-economy-growth-Q1-2026.jpg","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/costar-data-shows-u-k-economy-outperformed-growth-expectations-in-q1-2026\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/costar-data-shows-u-k-economy-outperformed-growth-expectations-in-q1-2026\/","name":"CoStar Data Shows U.K. Economy Outperformed Growth Expectations in Q1 2026 - 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