housing market

Definition

General market of houses being purchased and sold between buyers and sellers either directly by owners or indirectly through brokers. While there is no physical exchange for a housing market, the general term often refers to the performance of the Housing Market Index but not the Housing Market Index itself.

Use housing market in a sentence

You need to make sure that you are doing your research before you decide to make a purchase in the housing market.

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ABC Home Builders Inc. was very relieved when the US economy improved and the housing market roared back in to life.

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As a real estate agent, you always need to be aware of the housing market. This will help you determine values and pricing that you can use to help your clients.

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