noun phrase · neutral
housing market
UK/ˈhaʊzɪŋ ˈmɑːkɪt/US/ˈhaʊzɪŋ ˈmɑrkɪt/HOUS·ing MAR·ket
Band 7+speakingtask2
The system and activity of buying and selling houses and flats in a particular area.
Examples
“The housing market in the capital has cooled this year.”
“A tight housing market makes it hard for first-time buyers.”
“Rents tend to rise when the housing market is overheated.”
Band 8 sentence
“The housing market in major cities has cooled recently due to stricter lending rules.”
Collocations
- housing market boom
- tight housing market
- housing market crash
Word family
housing noun / adjectivehouse nounmarket nounreal estate noun phrase
Common mistakes
house market→housing market
Say it for a higher band
5house prices→6property market→7+housing market
Synonyms
property market
real estate market
Easily confused
property market
“Property market indicators suggest prices will stabilise next quarter.”
Related words
Learn this word with the rest of its set, and get reminded at the right time.
In City & Urban life
Learn it with its set