The following are the results from the January 2011 Appraiser Workshops Fine and Decorative Arts Market Confidence Survey for the Asian Art Middle and Upper market sectors.
Click HERE to download the full report and results.
Asian Middle Market
The Asian Middle Market is showing signs of growth, with positives confidence levels increasing and negatives decreasing. Many remain neutral on this market sector, but with such strength showing in the Asian Upper Market Sector, there will typically be a trickledown effect with increasing confidence and demand in the lower sector.
Asian Art – Upper Market
Like the Fine Art Upper Market, the Asian Art Upper Market sector is extremely strong, and is still advancing. The strong positives confidence levels in October of 2010 at 81.9% increased to 86.92% in January, while the negatives decreased from 8.57% to a very low 1.87%. It is a positive market indicator when positive confidence levels increase while the negatives decline. The question for the Asian Market investors and collectors, is this a bubble?
Click HERE to download the full report and results.
NOW AVAILABLE!! - The Journal of Advanced Appraisal Studies - 2011. Click button to order.
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