buyer's market


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Related to buyer's market: sellers market

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 ?
Also during the '80s, metalcasting was transformed from a seller's market to a buyer's market.
As the housing industry cools and shifts towards a buyer's market, home improvement and remodeling services will continue to increase.
Frederick Peters, President of Ashforth Warburg Associates, remarked "We have gone from a Buyer's market in the early 90s to a Seller's market in the late 90s and 2000.
Whether by choice or necessity, DePodesta waited to make his move in a buyer's market, right before opening day when one team can take advantage of another team's trouble.
is no longer a buyer's market as it was in the mid-to late-90's.
77 percent of clients believe that real estate is a buyer's market, an increase of 24 percent from the previous month;
Some banks prefer to take advantage of the buyer's market, and will sacrifice price in order to remove the "troubled" property from their portfolio by selling a property at greatly reduced rates.
Consequently the broker has to acknowledge that the burden of due diligence has fallen on the seller - especially since we are in a buyer's market.
Essentially the marketplace roles here are being reversed," adds Jim, "What we are doing is giving the power back to the community so they can reform today's real estate market into an 'absolute' buyer's market.
ATLANTA -- Lucas Group, an executive search firm, reports employment in the homebuilding industry remains strong while the market slows and shifts into a buyer's market at the 2006 PCBC show in California.
They will be reaping the benefits of a rare autumn buyer's market as automakers offer lucrative incentives on the last of the 1998 models and, on numerous lots, are slashing prices on new 1999 models just hitting showroom floors.
In a buyer's market, where supply still outpaces demand, MetLife asset manager Mark Kenney noted the new significance given to building services and amenities.