seller's market

noun

Definition of seller's market

: a market in which goods are scarce, buyers have a limited range of choice, and prices are high — compare buyer's market

Examples of seller's market in a Sentence

Recent Examples on the Web An ongoing housing shortage has made for a strong seller's market, and although mortgage rates are gradually climbing, the bigger squeeze for housing affordability seems to be coming in the form of competition from other buyers. Zach Wichter, Star Tribune, "Mortgage rates are rising, but it's nothing to worry about if you want a cheap loan," 3 Apr. 2021 Spokesperson Kristen Herhold said the current seller's market and the pandemic are contributing factors. Kevin Bessler, Washington Examiner, "Study shows millennials buying bigger homes, sometimes sight unseen," 2 Mar. 2021 The price hikes mean Cincinnati is a seller's market, and buyers must be prepared to offer asking price or above to make a successful bid on a property, according to Donna Deaton, a Realtor at RE/MAX Victory in Liberty Township. Randy Tucker, The Enquirer, "September home prices soar on 'crazy busy' sales, set record for month," 22 Oct. 2020 In this seller's market, your trade-in should be a critical part of your buying strategy. CBS News, "Now is a great time to sell or trade in your car," 2 Sep. 2020 As travelers look for safer vacation options, it's become a seller's market for vacation rentals. Christopher Elliott, USA TODAY, "Vacation rentals are taking a page from the hotel playbook and tacking on extra fees," 14 Aug. 2020 The real estate market, being a seller's market, has only contributed to it. Crystal Hill, Indianapolis Star, "'A dream destroyed': How a homeownership deal left an Indianapolis couple homeless," 3 Dec. 2019 Or the price might reflect BMLG's belief that the record industry is currently a seller's market -- for the first time in years, record labels are increasingly perceived as being good investments. Glenn Peoples, Billboard, "Did Scooter Braun Overpay for Big Machine Label Group? Not at All," 29 July 2019 Economists consider a five- or six-month supply to indicate a more balanced market, while anything below suggests a strong seller's market. Elliot Njus, OregonLive.com, "Median Portland-area home price tops $400,000 for first time in April," 14 May 2018

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'seller'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 seller's market

1932, in the meaning defined above

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The first known use of seller's market was in 1932

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Last Updated

17 Apr 2021

Cite this Entry

“Seller's market.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/seller%27s%20market. Accessed 15 May. 2021.

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More Definitions for seller's market

seller's market

noun

English Language Learners Definition of seller's market

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

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