property consisting of houses and land
"The local realty market has seen a surge in demand due to low interest rates."
Real estate; a piece of real property; land.
"The local news report focused on the rising prices in commercial realty along the highway."
In plain English: Realty is another word for real estate, meaning land and anything permanently attached to it like buildings.
"The local realty office helped us find our new home quickly."
Usage: Use "realty" as a formal or legal synonym for real estate, particularly when referring to the collective body of properties rather than individual units. It is often interchangeable with "property," though it sounds more technical in business contexts like insurance or investment portfolios.
Realty entered English from Middle French réalité, where it originally meant property or possession. It is a doublet of the word "reality," sharing a common origin but developing distinct meanings over time.