hou
sing
mar
ket
noun
1
the supply, demand, and pricing of residential properties available for sale or rent in a specific area
- The housing market in the city is highly competitive right now.
- Rising interest rates have slowed activity in the housing market.
- She invested in the housing market when prices were low.
- Experts predict that the housing market will recover next year.
- The government introduced policies to stabilize the housing market.