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Meaning of property market | Babel Free

Noun CEFR B2

Definitions

The buying and selling of real estate

countable, uncountable

Examples

“After an initial bounce back, the post-Covid Chinese economy has turned sluggish. Its property market - once a key driver of growth - is now mired in a credit crisis, exacerbating a domestic "debt bomb" that has ballooned from years of borrowing by local government and state-owned enterprises.”

CEFR level

B2

Upper Intermediate
This word is part of the CEFR B2 vocabulary — upper intermediate level.

See also

property master Property P property porn property register property rights property tax