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English definition of “housing market”

housing market

noun [C, usually singular]     PROPERTY
the type , cost , and number of houses and apartments available in a particular area : The suburbs of New York City are the most overvalued housing market in the country .
the activity of buying and selling houses , etc.: The housing market has failed to pick up in the past two months .
(Definition of housing market noun from the Cambridge Business English Dictionary © Cambridge University Press)
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