A buyer’s market
noun
A situation in which there are more goods, properties or shares for sale than people willing to buy them, so buyers have a choice and prices may be low.
With so many homes for sale and not many buyers, it's a buyer’s market right now.
Often appears as...
- it's a buyer’s market
- in a buyer’s market
noun
A situation in which there are more goods, properties or shares for sale than people willing to buy them, so buyers have a choice and prices may be low.
With so many homes for sale and not many buyers, it's a buyer’s market right now.
Often appears as...
- it's a buyer’s market
- in a buyer’s market
Definition 1 of 1
Pro Tip 1/3Economic Cycle
This phrase often relates to economic trends, understanding it requires knowledge of market conditions.
During the recession, it became a buyer's market for cars.
Pro Tip 2/3Negotiating Power
Buyers have more power to negotiate for lower prices or better terms in a buyer's market.
You can negotiate a great deal on the appliance since it's a buyer's market.
Pro Tip 3/3Not Always Favorable
While it sounds positive, sellers facing a buyer's market might need to lower expectations.
Sellers are unhappy since it's a buyer's market for real estate right now.
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