en
Housing prices
/ˈhaʊ.zɪŋ ˈpraɪ.sɪz/
Definition
1
The market-determined cost of residential properties, typically measured per square foot or as total sale price, influenced by factors like location, supply, demand, and economic conditions.
2
An economic indicator reflecting affordability and trends in the real estate sector for homes, apartments, and other dwellings.
Examples
Housing prices in the city have climbed so high that my budget now qualifies me for a luxury tent.
With housing prices outpacing my salary, I've started negotiating rent with my goldfish for the spare bowl.
Housing prices surged again, turning every backyard barbecue into a symposium on tiny homes.
Blame housing prices for why my 'forever home' is currently a rotating cast of Airbnbs.