Final answer:
Supply, prices, and demand can all change quickly in real estate markets.
Step-by-step explanation:
In real estate markets, supply, prices, and demand can all change quickly.
Supply refers to the amount of available properties for sale or rent. It can change rapidly based on factors such as new construction, government regulations, or changes in investor behavior.
Prices in real estate are influenced by factors such as market conditions, interest rates, and buyer/seller behavior, which can all fluctuate rapidly.
Demand refers to the desire/need for properties among buyers or renters. It can be influenced by factors like economic conditions, population growth, or changes in preferences, causing it to change quickly.