seller's market

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Seller's market

Market in which demand exceeds supply. As a result, the seller can dictate the price and the terms of sale.

Bull Market

A market for a security, commodity, currency, or anything else where prices are consistently increasing. For example, if an index increases 10-20% over a relatively brief period of time, it is said to be in a bull market. There is a great deal of money that can be made in a bull market, but the danger exists that a bull market can undergo a price correction or become a speculative bubble. See also: Bear market.

seller's market

A market in which there is very little desirable property for sale and a multitude of buyers attempting to purchase.Sellers can afford to demand low commission rates from agents who are hungry for listings, refuse to negotiate the price, and refuse to allow contract contingencies. Contrast with buyer's market.

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