The real estate market is the set of supply and demand activities related to real estate assets. The nature of these assets can vary greatly, including residential, commercial, industrial, urban properties, and more. All transactions involving the buying and selling of these types of properties form the real estate sector, which is essential for the sustainable economic development of a country. However, the real estate market is not limited to the supply and demand of properties.
It also encompasses other important areas within the sector, particularly real estate development, investment by companies or individuals, and financing that is, the mechanisms that enable the acquisition or development of real estate projects.
It is important to highlight that the real estate market is not static. It is subject to changes and fluctuations that can directly impact the economy, both at a general and individual level. In this sense, cycles of growth and decline in the real estate market also influence housing prices, which can experience significant increases or decreases.