Inflation is a crucial economic concept that affects the purchasing power of money and the general price levels in an economy. Learn about how inflation is measured, why it happens, and examples from real estate that illustrate its impact.
Effective demand is the genuine demand for a good or service that is supported by the ability and willingness of consumers to purchase at a given price point.
Discover the A-to-Z guide to real estate terms with over 3,300 definitions simplified for quick and easy understanding. Essential for real estate agents, consumers, and investors.