housing bubble

Definition

A considerable rise in the price of houses produced in part by the belief that the prices will keep increasing.

Use housing bubble in a sentence

You need to follow the market closely and try to smell out if there is a housing bubble on the horizon.

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The housing bubble got way higher and I knew we could not afford a house in the present market and had to wait.

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The financial crisis of 2007 was brought about in part by the housing bubble that upon bursting left many banks with insufficient collateral to secure loans previously granted.

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