Market Conditions

Importance: 0.57

Is a company: no

Is a proper noun: no

Synonyms

  • real estate market conditions

Definition of Market Conditions

  1. Factors that can affect the sale of homes in a certain area. Such factors include interest rates, the unemployment rate, home appreciation, weather, time of year, etc.

Related Terms and Acronyms

  • Recession Definition,
    • A prolonged period (popularly defined as two successive quarters) in which economic activity shrinks.
  • Seller's Market Definition,
    • Due to either low supply or high demand, the seller can expect to sell quickly with a high sale price.
  • Market Value (MV) Acronym, Important,
    • Also known as "Fair Market Value." The estimated value of a property which a seller could expect to receive under normal conditions.
  • Stagflation Definition,
    • A time period where the unemployment rate and the rate of inflation are both relatively high.
  • Listing Inventories Definition,
    • The dwellings for sale in a given market.
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