Housing prices refer to the cost associated with purchasing residential properties, which can vary significantly based on location, property type, and market conditions. Factors such as interest rates, economic growth, and supply and demand play crucial roles in determining these prices. In recent years, many regions have experienced rising housing prices due to increased demand and limited inventory. This trend can make homeownership challenging for many individuals and families, leading to discussions about affordability and potential policy interventions to stabilize the market.