Can you provide a real-life scenario where the concept of supply and demand has a significant impact on pricing?

One real-life scenario where supply and demand impact pricing is the housing market. When there is high demand for houses but a limited supply available, prices tend to increase. Conversely, when there is an oversupply of houses and low demand, prices may decrease. This dynamic relationship between supply and demand plays a significant role in determining the pricing of homes in the real estate market.