cyclical
adjective
uk/ˈsaɪklɪkəl, ˈsɪklɪkəl/ usused to describe an event that is part of a group of events that happen in a particular order, one following the other, and that are often repeated:
a cyclical dip/low
(a) cyclical decline/downturn/slowdown The retail diamond market has gone into cyclical downturn.
a cyclical high/peak/recovery
a cyclical boom/upswing/upturn
cyclical developments/factors The increased mobility of capital has also made exchange rates more sensitive to cyclical developments.
having a regular pattern of successful periods or increases followed by less successful periods or reductions:
Prices are great now, but we have all seen market prices collapse, and we know that markets are cyclical.
Real estate is a cyclical business.