real estate marketnoun [ usually singular ]
ukusalso property market USPROPERTY the buying and selling of land and buildings:
Declining home sales have improved the real estate market for buyers, giving them plentiful choices at reduced prices.
the residential/commercial real estate market
a hot/booming/sluggish property market Highest rates of foreclosure are in three of the nation's formerly hottest real estate markets: Nevada, Colorado, and California.