Seller's Market (Noun)
Meaning
A market in which more people want to buy than want to sell.
Classification
Nouns denoting acts or actions.
Examples
- The housing market in the city has become a seller's market, with multiple offers on every property that comes up for sale.
- In a seller's market, buyers often have to act quickly and be prepared to pay a premium to secure the property they want.
- The tech industry is currently a seller's market, with many companies competing for a limited pool of skilled workers.
- The art market has become a seller's market, with collectors and investors clamoring to buy works by popular artists.
- In a seller's market, the seller has the upper hand and can often dictate the terms of the sale, including the price and any conditions.