Real estate, encompassing land and the buildings on it, along with its accompanying natural resources such as water, minerals, or crops; immovable property of this nature; an interest vested in this (an estate in real property). Also the business of real estate; the profession of buying, selling, or renting real estate.
Real estate is essential for shelter, commerce, and industry. It is a major driver of economic growth and a significant source of wealth for many people. Real estate markets are complex and vary from place to place, but there are some general principles that apply to all real estate transactions.
