Which term refers to transactions in real estate by sale, purchase, or lease?

The term that accurately refers to transactions in real estate by sale, purchase, or lease is trading. In the context of real estate, trading encompasses all activities related to the exchange of property rights, whether it involves buying, selling, or leasing real estate. This definition captures the dynamic nature of real estate activity, where properties are regularly cycled through the market among different parties.

Real estate agency pertains to the role of agents who facilitate these transactions but does not specifically describe the act of transacting itself. Market engagement generally refers to participation in the real estate market but does not pinpoint the specific activities of buying, selling, or leasing. Similarly, investment strategy relates to how one approaches property investment decisions rather than the transactions themselves. Thus, trading is the most precise term for describing the action of conducting transactions in real estate.