Artprice: Art Market Trends 2007

PARIS, March 31 /PRNewswire-FirstCall/ -- Artprice publishes its
exclusive art market report that more than 6,300 international media and
institutions rely on each year. Based on the 5,4 million auction recorded by
2,900 auction houses, "Art Market Trends 2007" is a 44-pages report of
macroeconomics and microeconomics analyses updated to match the auction
events and the artworks prices evolutions.
This report published by ArtMarketInsight, Artprice's press agency, in
collaboration with Artprice's econometrics department also includes genuine
rankings such as the TOP 500 artists by turnover, the 100 highest auctions of
the year.
In 2007, and for the seventh year running, the art market saw an overall
rise in prices. Art was already seeing demand from new areas like China,
Russia, India and the Emirates but as investing on stock markets or in
property appears riskier, new collectors and investment funds are showing
interest as they seek out new kinds of alternative investing. Download the
file (Free Download)
http://img1.artprice.com/pdf/trends2007.pdf
Contents
* Editorial
* The speculative bubble on the art market reached its peak in 2007
* Suicidal competition
* The United States consolidates its market leader position
* London, an ideal terrain for speculation
* China moves up to the number 3 position in the global art market
* Drouot: last bastion of the French art market?
* Is the worst yet to come? The Art Market Confidence Index - a useful
tool
* The TOP 10 artists
Source: (c) http://www.artprice.com 1987-2007 Thierry Ehrmann
Artprice, the world leader in art market information, lists over 25
million auction prices and indices covering over 405,000 artists,
continuously updated from 2,900 international auction houses. Artprice
provides daily information on art market trends for the main financial press
titles and agencies worldwide. Artprice Images(R) offers unlimited access to
the largest database of art market information in the world, a library
comprising 290,000 auction catalogues and reference works from 1700 to the
present day. Artprice offers standardised adverts to its 1,300,000 members
(member log in) and is the world's leading market for buying and selling
works of art (source: Artprice). Artprice is listed on Eurolist by Euronext
Paris: Euroclear: 7478 - Bloomberg: PRC - Reuters: ARTF - Artprice.com
Contact:
Josette Mey
tel: +33(0)478-220-000,
e-mail: ir@artprice.com

SOURCE Artprice.com

Contact: Josette Mey, tel: +33(0)478-220-000, e-mail: ir@artprice.com