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RICS Arts and antiques market survey First quarter 2010 [electronic resource]

By: Language: English Series: RICS Arts and Antiques Market Survey ; First Quarter 2010Publication details: London RICS 2010Subject(s): LOC classification:
  • 346.4172 $2 18
Online resources: Summary: The net balance of surveyors reported rising rather than falling prices edged up further in the first quarter with the All Lot price balance increasing from +17 to +22 (the highest reading since Q1 2008). This attrituted to a shortage of stock on the market. Out of the ten subsectors covered in the survey, only contemporary art one did not record a positive net balance during the latest three month period. Predicts that demand will outstrip supply over the next twelve months.

The net balance of surveyors reported rising rather than falling prices edged up further in the first quarter with the All Lot price balance increasing from +17 to +22 (the highest reading since Q1 2008). This attrituted to a shortage of stock on the market. Out of the ten subsectors covered in the survey, only contemporary art one did not record a positive net balance during the latest three month period. Predicts that demand will outstrip supply over the next twelve months.

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