The real estate market refers to the economic sector focused on the buying, selling, and leasing of land and properties, including residential, commercial, and industrial real estate. It encompasses various activities such as property transactions, valuation, investment, and financing. The market is influenced by factors such as supply and demand dynamics, economic conditions, interest rates, government policies, and demographic trends. It is characterized by various participants, including buyers, sellers, real estate agents, brokers, investors, landlords, and tenants. The real estate market can vary significantly by geographic location, market cycle (expansion, peak, contraction, or trough), and property type. It serves as a critical component of the economy, impacting wealth generation, investment strategies, and community development.