The Keeneland September sales are going thru what I call a 401K adjustment. Does -35% seen familair
During Sunday's session, 255 horses sold for $14,843,000, compared to $27,096,500 for 296 horses during the comparable 2008 session. The drop in average from $91,542 in 2008 to $58,208 this year is 36.4%. The drop in the median price from $70,000 to $45,000 is 35.7%.
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