Which of the following is NOT a force that influences the real estate market?

The correct answer is that consumer spending on electronics is not a force that influences the real estate market. The real estate market is primarily driven by factors directly related to housing demand and supply, as well as overarching economic conditions.

Change in family composition, such as growth or contraction in family size, can influence the types of homes that are in demand, thereby affecting the real estate market's dynamics. Employment conditions and wage levels directly impact consumers' purchasing power and ability to buy homes, which in turn affects demand. Similarly, mortgage availability is crucial as it determines how easily potential buyers can finance their purchases; a good availability of mortgage options often correlates with increased home buying activity.

In contrast, consumer spending on electronics, while an indicator of overall economic health and consumer confidence, does not have a direct relationship with the factors affecting real estate supply and demand. As such, it is not considered a determining force in the real estate market.