Written by the Fiveable Content Team โข Last updated September 2025
Verified for the 2026 exam
Verified for the 2026 examโขWritten by the Fiveable Content Team โข Last updated September 2025
Definition
The real estate sector encompasses all activities related to buying, selling, renting, and managing properties such as land and buildings. It includes residential, commercial, industrial, and agricultural real estate.
Related terms
Property Market: The property market refers specifically to the buying and selling of properties within a given area or region.
Mortgage Loan: A mortgage loan is a type of loan provided by financial institutions that allows individuals or businesses to purchase real estate by borrowing money against it.
Rental Market: The rental market involves leasing properties for residential or commercial purposes rather than purchasing them outright.