housing market
noun[C,usually singular]
PROPERTYukusthetype,cost, andnumberofhousesandapartmentsavailablein aparticulararea:
Thesuburbsof New York City are the mostovervaluedhousingmarketin thecountry.
theactivityofbuyingandsellinghouses, etc.:
Thehousingmarkethasfailedtopickup in the past twomonths.