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to show you a description here but the site won’t allow us. Marina Real estate economics Wikipedia Real estate economics is the application of economic techniques to real estate markets. It tries to describe, explain, Pipersville and predict patterns of prices, supply, and demand. Real estate definition of real estate by Madison The Free Dictionary re·al estate rē′əl, rēl n. Land, including the resources in and on it, and the buildings and permanent fixtures attached to it. re′ales·tate′ adj. real.