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Related to buyer's market: sellers market
Market in which the supply exceeds the demand, creating lower prices. Antithesis of seller's market.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.
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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
buyer's marketa 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.
Collins Dictionary of Business, 3rd ed. © 2002, 2005 C Pass, B Lowes, A Pendleton, L Chadwick, D O’Reilly and M Afferson
buyer's marketa 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.
Collins Dictionary of Economics, 4th ed. © C. Pass, B. Lowes, L. Davies 2005
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.
The Complete Real Estate Encyclopedia by Denise L. Evans, JD & O. William Evans, JD. Copyright © 2007 by The McGraw-Hill Companies, Inc.