sellers market
Buyers compete fiercely
A seller's market is a market condition where demand exceeds supply, giving sellers the advantage.
Buyers compete for limited goods, driving prices up and reducing negotiating power: It's a seller's market right now—houses are going for well over asking price.
The opposite is a buyer's market.
Usually spelled with an apostrophe: seller's market.
- demandForceful request or requirement
- biddingOffering prices or obeying
- bidding warCompeting offers driving prices up
- competitionStruggle for supremacy
- scarcityInsufficiency of something needed
leverage · premium · shortage · buyers · offers · best offer · frenzy · prices · inventory · housing · boom · listings · multiple · overbid · asking price · escalation · urgency · hotcake
- real estatehouse, home, apartment, property, sale
- marketsmarketplace, bazaar, souk, vendors, food stalls
- Scarcity & Valuerare, scarce, costly, pricey, expensive
- Running Lowrunning low, in short supply, running out, dried up, at a premium