US - New York: Market is becoming more attractive for buyers...
Posted on September 29, 2008 at 2:48 PM.
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In Chelsea, sales are more sluggish and art buyers increasingly cautious as the financial sector reels from losses. While dealers say it's too early to tell whether the art bubble has burst, there are signs that the market is becoming more attractive for buyers and less favorable to sellers.
From the Bloomberg article Chelsea Galleries Face Slower Sales as Art Collectors Lie Low
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