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Longman Dictionary English

From Longman Dictionary of Contemporary Englishbuyer's marketˌbuyer’s ˈmarket noun [singular] LOT/LARGE NUMBER OR AMOUNTa situation in which there is plenty of something available, so that buyers have a lot of choice and prices tend to be low OPP seller’s market
Examples from the Corpus
buyer's market• At a time when trade unions are at their weakest for half a century, employment is definitely a buyer's market.• In a buyer's market we ignore these at our peril.• It really is a buyer's market at the moment.• While we see a buyer's market in terms of property, it is a seller's market for the financiers.
From Longman Business Dictionarybuyer's marketˈbuyer's ˌmarket [singular]ECONOMICS when prices are low because there is more supply than demand, so buyers have an advantageIt is still a buyer’s market in this area, with the stock of unsold property keeping prices down. → market
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