seller's market

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seller's market

A market in which demand is greater than supply, thus creating better conditions for sellers than for buyers. Since I'm buying in a seller's market, I'm really nervous that I won't be able to find a house in my price range.
See also: market

a ˌseller’s ˈmarket

a situation in which people selling something have an advantage, because there is not a lot of a particular item for sale, and prices can be kept high: We just can’t afford to buy a house at the moment. It’s a seller’s market, and there’s nothing we can do about it. OPPOSITE: a buyer’s market
See also: market
References in periodicals archive ?
The sellers' market in Lane County housing grew even stronger in March, as average home sale prices continued to climb, according to the latest report from the Regional Multiple Listing Service in Portland.
We've run out of superlatives to describe an incredible sellers' market that continues to defy expectations,'' said Mike Davis, president of the local division.
Also, as usually happens, we anticipate that many buildings will procrastinate in having the inspections, with a rush at the end for inspections and repairs creating a sellers' market with higher costs.
The numbers continue a trend in recent months away from the strong sellers' market seen in the past three years, said Cory Neu of Cheryl Neu Real Estate in Marcola, president of the Eugene Association of Realtors.
A sellers' market, driven by low interest rates and a short supply of low- to medium-priced housing, produced a surge in the transfer of existing properties, resulting in an unprecedented increase in the assessment roll,'' county Assessor Rick Auerbach said in the report.
Therefore, the unseen problems you might acquire, just to meet the demands of a sellers' market, could saddle you with major repair costs not anticipated or budgeted at the time of your no-contingency offer.
The result is an unregulated sellers' market for electricity, susceptible to naked manipulation.
The Japanese real estate market is still experiencing an unprecedented slump, marked by a continued acceleration of falling land prices in some core cities and a sellers' market that is generally soft and inactive, according to a year-end analysis by real estate investment company Kennedy-Wilson International (Nasdaq: KWIC), which has a major Japanese division.