Final answer:
Real estate demand is the desire or need for property along with the purchasing power to acquire it.
Step-by-step explanation:
The desire or need for property along with the purchasing power to acquire it is called Real estate demand. Demand refers to the amount of a good or service that consumers are willing and able to purchase at a given price. It is influenced by both the desire for the property and the ability to pay for it. For example, if the price of a house decreases, the demand for houses may increase because more people will be able to afford them.