Meaning of “seller's market” in the English Dictionary

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"seller's market" in Business English

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seller's marketnoun [ S ]

uk us ECONOMICS

a period when there are fewer goods for sale than people want to buy, so sellers can charge higher prices:

It has become a seller's market, with homes moving more quickly and for more money than a year ago.

(Definition of “seller's market” from the Cambridge Business English Dictionary © Cambridge University Press)