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Definitions from the Web

Housing Price

Noun: The monetary value at which a residential property is priced.

Senses:

1. Market Value of a Property: The cost at which a house, apartment, or any other living space is listed for sale or rent.
2. Affordability Index: The evaluation of the level of affordability of houses in a particular area or for a specific demographic.

Sample Sentences:

• The housing price in the city has skyrocketed in the last decade, making it challenging for many families to afford their own homes.
• Real estate agents are constantly analyzing the housing prices in various neighborhoods to determine the most profitable investments.
• Inflation and economic factors greatly influence the housing prices of a region.
• The government implemented several initiatives to stabilize the housing prices and make it accessible for first-time homebuyers.

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