Zhenya, once again remind you that we are talking about the art market indexes that are calculated solely on the results of auction sales. There is no other way to calculate the indices and there can not be.
If there is a correction in prices outside of auction sales, then sooner or later it must occur in auction sales. Indices only state that so far any serious korretsii price at auction was not. Although, for example, our indices of consumer activity is clearly signaling that the number of sales declined. This is partly due to the lack of decent offers on today's auction. However, I do not think that the auctioneers so easy to give up and meekly go to the decline in prices. They have this absolutely not interested, so that the auctions will be held until the last. But the galleries and private owners nowhere to go, because they often do not have such accumulated reserves, as in auctions, and in order to survive, they have to sell, albeit at reduced prices. Let's see what happens next.
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