Sellers' Market (Noun)
Meaning
A market in which more people want to buy than want to sell.
Classification
Nouns denoting acts or actions.
Examples
- In a sellers' market, buyers are often willing to pay higher prices due to the limited availability of goods.
- The housing market had turned into a sellers' market, with multiple offers on each property and prices skyrocketing.
- During a sellers' market, companies may raise their prices in response to the strong demand for their products.
- As a result of the drought, the agricultural market had become a sellers' market, with farmers commanding high prices for their crops.
- The strong economy had created a sellers' market for luxury cars, with buyers waiting months for their new vehicles to arrive.