seller's market
/'seləz'mɑ:kit/
Học thuậtThân thiện
Definition
- Noun:
- A market condition characterized by excess demand over supply: A "seller's market" is an economic situation where the number of buyers wanting to purchase a good or service exceeds the number of sellers offering it. This imbalance gives sellers an advantage, often allowing them to raise prices and sell quickly.
Usage
- The term is used to describe general market conditions in economics, business, and real estate.
- It is typically used with verbs like , , , or .
- It often appears in contexts discussing housing, commodities, or specific industries.
Examples
- Noun:
- With so few homes available, it has become a definite seller's market.
- The sudden popularity of the product created a seller's market, allowing manufacturers to increase their profits.
- Investors are looking for sectors that are turning into a seller's market.
Advanced Usage
- "to be in a seller's market": To exist or operate within such market conditions.
- For the past two years, the downtown condo sector has been in a seller's market.
- "to shift/transition to a seller's market": To change from a balanced or buyer-favorable market to one favoring sellers.
- Low construction rates and high demand are causing the region to shift to a seller's market.
Variants and Related Words
- Seller (n): A person or entity that offers goods or services for sale.
- Market (n): An arena, either physical or conceptual, where buyers and sellers interact to trade goods and services.
- Buyer's market (n): The opposite condition, where supply exceeds demand, giving buyers an advantage.
Synonyms
- Vendor's market: A less common synonym with the same meaning.
- Shortage market: Emphasizes the lack of supply relative to demand.
Antonyms
- Buyer's market: A market condition where supply exceeds demand, giving buyers the advantage to negotiate lower prices.
Noun
- a market in which more people want to buy than want to sell