Definition
When there are more homes for sale than buyers—a glorious rare moment when the leverage shifts to the person with the money instead of the one selling the asset.
Example Usage
It's a buyer's market right now, so we have leverage to negotiate a lower price.
Origin
Economic terminology applied to real estate markets
Fun Fact
A buyer's market typically requires 6+ months of inventory; under 6 months favors sellers.
Source: Real Estate Market Analysis Standards
Related Terms
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See “Buyer's Market” in Corporate Speak, Gen-Z Slang, Pirate Speak, and more.
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