Real estate refers to the buying, selling, leasing, and management of property, which includes land and any structures or improvements on it. The market is influenced by various factors such as location, economic conditions, interest rates, and trends in urban development. Real estate can be residential, commercial, industrial, or agricultural, and investments in properties are often seen as a way to build wealth over time. Furthermore, real estate can be impacted by local regulations, zoning laws, and market demand, making it a complex but potentially rewarding sector for both individuals and investors.