Housing Industry (Noun)
Meaning
An industry that builds housing.
Classification
Nouns denoting groupings of people or objects.
Examples
- The housing industry is one of the largest and most complex in the world, comprising numerous stakeholders and sectors.
- Housing demand is influenced by factors such as demographics, income levels, and government policies; hence, construction companies in the housing industry closely monitor these trends.
- Several countries have state-sponsored programs aimed at bolstering the housing industry by offering incentives to first-time home buyers.
- Those with expertise in fields such as engineering, architecture, and real estate play crucial roles within the housing industry.
- Numerous financial institutions specialize in providing services and financing options to both consumers and businesses within the housing industry.