Buyer's market
Meaning in real estate, with examples
In real estate, buyer's market means: Market conditions in which there are more properties for sale than buyers, so prices tend to fall and buyers have more power to negotiate.
In Turkish: alıcı piyasası, alıcı lehine piyasa
How it is used
Agents and journalists use it to describe a local market. In a buyer's market homes stay on the market longer, sellers cut prices and buyers can ask for repairs or extras.
Example sentences
It's a buyer's market at the moment, so sellers are more open to negotiation.
With so many new flats unsold, the city has turned into a buyer's market.
Common collocations
- in a buyer's market
- a strong buyer's market
- shift to a buyer's market
Related terms
More terms: Investment & the Market
Practise with graded reading
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