seller's market

Definition of "seller's market"
  1. A market condition with a lack of goods, allowing sellers to achieve favorable terms of sale or higher prices
How to use "seller's market" in a sentence
  1. The housing shortage in the city led to a seller's market.
  2. Due to increased demand and restricted supply, the automobile industry has turned into a seller's market.
  3. With the jewelry in high demand, the gemstone business was clearly a seller's market.

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