buyer's market

noun

Definition of buyer's market

: a market in which goods are plentiful, buyers have a wide range of choice, and prices tend to be low — compare seller's market

Examples of buyer's market in a Sentence

Recent Examples on the Web The labor market will become a buyer's market, where there are many more job seekers than job openings. Gad Levanon For Cnn Business Perspectives, CNN, "The labor market remains a mess. Expect wage growth to get hit next," 1 July 2020 There will be more new and used cars than initial consumer demand, making it a buyer's market. Jamie L. Lareau, Detroit Free Press, "Buyers can get a deal on new, used cars — but it won't last long," 23 Apr. 2020 The record prices are only the latest reminder that even in a buyer's market, the cost of homes has for decades outpaced wage growth in the U.S., putting homeownership out of reach for many Americans. Sarah Min, CBS News, "Home prices around the U.S. surged to new high this year," 22 July 2019 Offering lower than asking price is standard practice in a buyer's market with lots of available inventory. Randy Tucker, Cincinnati.com, "Five tips for success in Cincinnati's hot housing market," 24 Apr. 2018 With the median home sales price surpassing $300,000 in a tight sellers ' market, high-end homes are the only ones in a buyer's market, Coman said. John Sowell, idahostatesman, "The castle on Warm Springs did not sell. Then The New York Times wrote about it. | Idaho Statesman," 19 Apr. 2017 The record prices are only the latest reminder that even in a buyer's market, the cost of homes has for decades outpaced wage growth in the U.S., putting homeownership out of reach for many Americans. Sarah Min, CBS News, "Home prices around the U.S. surged to new high this year," 22 July 2019 Offering lower than asking price is standard practice in a buyer's market with lots of available inventory. Randy Tucker, Cincinnati.com, "Five tips for success in Cincinnati's hot housing market," 24 Apr. 2018 With the median home sales price surpassing $300,000 in a tight sellers ' market, high-end homes are the only ones in a buyer's market, Coman said. John Sowell, idahostatesman, "The castle on Warm Springs did not sell. Then The New York Times wrote about it. | Idaho Statesman," 19 Apr. 2017

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'buyer's market.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

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First Known Use of buyer's market

1888, in the meaning defined above

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The first known use of buyer's market was in 1888

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Cite this Entry

“Buyer's market.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/buyer%27s%20market. Accessed 18 Sep. 2020.

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More Definitions for buyer's market

buyer's market

noun

English Language Learners Definition of buyer's market

: a situation in which many things of the same kind are for sale, prices are low, and buyers have an advantage over sellers

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