Temporary condition caused by unjustified speculation in the housing market that leads to a rapid increase in real estate prices. As with most economic bubbles, it eventually bursts, resulting in a quick decline in prices. The end of a housing bubble is hard to predict given the fact that economic conditions can change without warning. If a housing bubble swells to an extremely high level, the aftermath of a burst may set the housing market back years.
Use 'housing bubble' in a Sentence
If there is a housing bubble that is taking place you can get in after it bursts and get great buys on real estate.
I could not purchase a home with my wife at this time because of everything that happened to the housing bubble recently.
If there is a housing bubble if you can get in at the right time you can make some great profits in the real estate market.
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