Real estate is property that consists of land and buildings, as well as the natural resources on the land, such as crops, minerals, or water. Real estate can be bought, sold, and leased, and can be used for a variety of purposes, including residential, commercial, and industrial use. Real estate can include a single-family home, an apartment building, a commercial office building, or even a shopping mall. The value of real estate is often based on a variety of factors, including location, size, and the type of property.