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WordNet-Online
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Definitions from the WebHousing MarketDefinitionThe housing market refers to the buying and selling of residential properties, as well as the demand and supply dynamics that influence property prices and availability. SensesSense 1: Popular UsageIn popular usage, the housing market commonly refers to the overall state and trends of the real estate market. It encompasses factors such as home prices, mortgage rates, housing inventory, and buyer/seller behavior. Sample Sentence: The housing market is currently experiencing a boom, with home prices reaching record highs. Sense 2: Local UsageIn local usage, the housing market can also refer to the specific real estate conditions and trends within a particular region, city, or neighborhood. Sample Sentence: The housing market in New York City is highly competitive, with limited inventory and high demand driving up prices. Possible Related Products on Amazon | ||||
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