Real estate prices refer to the cost of buying or renting properties, such as homes, apartments, and commercial spaces. These prices can vary significantly based on factors like location, property size, and market demand. In general, areas with high demand and limited supply tend to have higher prices, while less desirable locations may see lower prices. Several factors influence real estate prices, including economic conditions, interest rates, and local amenities. For example, when the economy is strong, more people may be looking to buy homes, driving up prices. Additionally, properties near schools, parks, and shopping centers often command higher prices due to their desirable locations.