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Discover LudwigThe phrase "Real estate" is correct and can be used in written English
You can use it when referring to property that is bought and sold, such as land, buildings, and homes. For example: "John is looking to invest in some real estate in the city."
Dictionary
Real estate
noun
Property that cannot easily be moved, usually buildings and the ground they are built on.
synonyms
Exact(60)
Real estate.
Real estate is booming.
Real estate is rebounding.
"Real estate," he said.
"Real estate was over".
–Real estate.
Real Estate + $18 Million.
Real Estate | Home Defense.
Real Estate, Yahoo!
"Real estate is local.
Real estate leveraged funds.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com