housing market
hou
ˈhaʊ
haw
sing
zɪng
zing
mar
mɑ:r
maar
ket
kɪt
kit
British pronunciation
/hˈaʊzɪŋ mˈɑːkɪt/

Definition & Meaning of "housing market"in English

Housing market
01

the supply, demand, and pricing of residential properties available for sale or rent in a specific area

example
Examples
The housing market in the city is highly competitive right now.
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