collocation · academic
property market
UK/ˈprɒpəti ˈmɑːkɪt/US/ˈprɑːpərti ˈmɑrkɪt/PROP·er·ty MAR·ket
The market for buying, selling and renting buildings and land.
Examples
“The property market crashed after the financial crisis.”
“Rising demand has pushed up prices in the local property market.”
“Many articles discuss the impact of interest rates on the property market.”
Band 8 sentence
“An oversupply of new developments combined with higher interest rates has softened the property market this year.”
Collocations
- local property market
- property market trends
Word family
Common mistakes
house market→property market
the property markets is→the property market is
Say it for a higher band
5house market→6housing market→7+property market
Synonyms
real estate market
Easily confused
real estate market
“The real estate market in California is very competitive.”
housing market
“First-time buyers are struggling in the current housing market.”
Related words
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In Hometown & Housing
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