The global art market finds its floor

26
Oct

The global art market finds its floor

The 2008/2009 art market ended seven years of astonishing price inflation. By the end of 2008, contemporary art suffered a price decline of 27.1 percent, followed by another 4 percent drop in the first half of 2009, according to ArtPrice ‘s new report, Contemporary Art Market: The ArtPrice Annual Report .

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DailyFinance Recession

Posted by FinanceGuru in DailyFinance Recession

Tags: bid, entry, market, norm, plunge

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