buyers' market


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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.

buyers' market

A market in which the supply of an asset swamps demand to the point that prices fall below the level expected under normal circumstances. Occasionally, several large new issues of municipal bonds will be marketed at the same time, thereby creating a buyers' market that causes underwriters to raise yields. A buyers' market in municipal bonds results in a narrowing of the gap between the yields on these tax-exempt securities and the yields on U.S. Treasury bonds, which are taxable. Compare sellers' market.
References in periodicals archive ?
Robin Wiebe, a senior market analyst for the CMHC, predicts that it will be a buyers' market in Thunder Bay for the balance of 1991.
'You can't blame people for being a bit greedy, but they shouldn't forget it's a buyers' market.'
A HUGE number of used cars are flooding forecourts and turning it into a buyers' market.
In a buyers' market, employers are naturally choosey and much prefer to employ the able-bodied, rather than those with even minor disabilities.
'Consequently, it is increasingly a buyers' market with prospective buyers staying on the sideline until the outlook becomes more certain.
For example, while leading property website Rightmove .co.uk reported a buyers' market in the first four months of this year, with supply exceeding demand, their latest May survey shows a swing back toward a sellers' market.