Definition

Noun: - A market condition characterized by an excess of supply over demand. This situation gives buyers an advantage, as they can negotiate lower prices and have more choices compared to sellers.

Usage

This term is used to describe economic or commercial conditions, typically in real estate, finance, or retail. It is the opposite of a "sellers' market." - Use it to discuss general market trends: The housing sector has become a buyers' market. - Use it to advise on strategy: For investors, a buyers' market is an ideal time to look for bargains.

Examples

Advanced Usage

• "to be in a buyers' market": Describes the state of a specific market.
  • We are finally in a buyers' market for commercial property.
• "to create/foster a buyers' market": Refers to actions or conditions leading to this situation.
  • The new regulations helped create a buyers' market for renewable energy technology.

Variants and Related Words

• Sellers' market (n): The opposite condition, where demand exceeds supply, giving sellers the advantage.
  • During the shortage, it was a definite sellers' market.
• Buyer (n): A person who purchases goods or services.
  • The buyer was pleased with the negotiated price.

Synonyms

• Buyer's advantage: A condition favoring the purchaser.
• Soft market: A market with weak prices and low demand.

Related Phrases

• Market conditions: The state of factors influencing a market.
  • The current market conditions strongly favor the buyer.
• To have the upper hand: To have a position of advantage (can be used of buyers in this context).
  • In a buyers' market, the customer has the upper hand.

Noun

1. a market in which more people want to sell than want to buy