
A buyer’s market
Economic Cycle
This phrase often relates to economic trends, understanding it requires knowledge of market conditions.
During the recession, it became a buyer's market for cars.
Negotiating Power
Buyers have more power to negotiate for lower prices or better terms in a buyer's market.
You can negotiate a great deal on the appliance since it's a buyer's market.
Not Always Favorable
While it sounds positive, sellers facing a buyer's market might need to lower expectations.
Sellers are unhappy since it's a buyer's market for real estate right now.