buyer's market

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Buyer's market

Market in which the supply exceeds the demand, creating lower prices. Antithesis of seller's market.

Buyer's Market

A market situation in which lower prices prevail due to excess supply and a shortage of demand. A buyer's market may occur in one particular sector or across the wider economy. For example, if there are 10 houses in a neighborhood and eight of them are up for sale, it is likely that their prices will race toward the bottom. This means that a prospective homebuyer looking in that area will almost certainly find a good deal on a house. See also: Seller's market.

buyer's market

a MARKET situation characterized by the temporary excess supply of a GOOD or SERVICE often leading to cutthroat price competition. In such markets BUYERS are advantageously placed to obtain price concessions. Compare SELLER'S MARKET.

buyer's market

a SHORT-RUN market situation in which there is EXCESS SUPPLY of goods or services at current prices, which forces prices down to the advantage of the buyer. Compare SELLER'S MARKET.

buyer's market

A market with more properties for sale than can reasonably be expected to be purchased by the available demand. As a result, sellers will have to compete against each other to attract buyers and will usually do so by lowering prices.

References in periodicals archive ?
A depressed market means there are less properties being sold, giving you greater opportunities to negotiate with agent, says Richards.
"There are limited signs of recovery within 2010, and Cyprus will continue to experience a depressed market," Loizou said, adding that, "big declines in the Cyprus market are related to foreign buyers and their intention to buy holiday homes (the revival of their domestic economy is essential before proceeding with buying a holiday home in Cyprus)."
The cuts follow a strategic review launched against a background of depressed markets for many of the group's products, three years of declining profits and rising debts.
The survey also revealed that depressed markets have not reached their lowest points, and that the supply of office space has peaked at a time when demand is at its lowest in a decade, particularly in the United States, U.K and Australia.
In the US the Viking business was beginning to see improvements but at Special Steels, generally depressed markets coupled with the forced withdrawal from the US stainless bar business due to the punitive levlels of duty imposed had resulted in low sales volumes.
He added that this "was very, very fortunate because we are looking at depressed markets around the world".
A higher value for products in the new markets is helping to compensate for price erosion in depressed markets, such as the monitor market which suffered 50 per cent price erosion last year.