The phrase "expansion phase" refers to a period of growth or progress where something, like a business or project, is extending its reach or increasing in size. It often implies that things are developing or expanding positively. Full definition
In our 2015 research surveys on various property types, the majority of respondents said we were in the recovery or expansion phase of the cycle. (nreionline.com)
But that figure was lower than the 54 percent that believed the market was in expansion phase at the beginning of the year. (nreionline.com)
Plenty of people remember offers they turned down in the last expansion phase, they later wished they had accepted. (commercialrealestateshow.com)