real estate market
noun [ usually singular ]
US ukus(also property market) PROPERTY
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.