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 ?
Typically, if you are thinking about selling your home in Henderson, the best time to do that is during the seller's market.
They're counting on ticket brokers realizing they're asking too much, and that the seller's market will swing to the buyer.
He said growing number of LNG producers in the world has strengthen the bargaining position of buyers, turning the seller's market into buyer's market.
Beck suggested that this trend reflects the strength of the seller's market.
com, a California based investment advisory firm and publisher of foreclosure property information firm, reported today that the seller's market of the last few years is coming to an end up and down the east coast.
No one thinks the seller's market is over or that resale prices will fall below current levels,'' Link said.
com reported today that the seller's market in both northern and southern California is helping troubled homeowners avoid losing their homes in foreclosure.
Strong demand and scant inventory continue to fuel the seller's market, he said.
A steady rise in the number of homes for sale over the summer gave buyers more choice, and pulled the plug on the seller's market and the bidding wars that pushed home prices to new heights in recent years, said Jim Link, the association's executive vice president.