English Vocabulary: Buying a House. Land and Buildings – The Real Estate Agent Page. Real estate. Real estate is "property consisting of land and the buildings on it, along with its natural resources such as crops, minerals, or water; immovable property of this nature; an interest vested in this; (also) an item of real property; (more generally) buildings or housing in general.
Also: the business of real estate; the profession of buying, selling, or renting land, buildings or housing. "[1] It is a legal term used in jurisdictions such as the United States, United Kingdom, Canada, Australia, and New Zealand.