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. There is no way to know when buyer will begin to get the upper hand when purchasing a home in Henderson, but sellers should take advantage of the timing of the Henderson real estate market while they can.
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. "Given the extremely favorable market conditions, sellers may simply be more confident, and therefore more willing to hold out for their asking prices," she said.