Property prices refer to the monetary value assigned to real estate, including residential homes, commercial buildings, and land. These prices can fluctuate based on various factors such as location, demand, economic conditions, and interest rates. For example, properties in urban areas often have higher prices due to greater demand and amenities. The real estate market is influenced by trends like housing supply, local economy, and government policies. When more people want to buy homes than there are available, prices tend to rise. Conversely, if there are too many properties for sale and not enough buyers, prices may decrease.