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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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