horse sales http://wkms.org en Pre-Recession Prices Paid For Keeneland Yearlings Long Gone http://wkms.org/post/pre-recession-prices-paid-keeneland-yearlings-long-gone <p><span style="line-height: 1.5;">A solid crop of one year olds, a mild summer, and a new format contributed to a break out September Yearling Sale at </span>Keeneland<span style="line-height: 1.5;">. The just completed 12 day sale saw a 27% increase in gross sales over last year. </span>Keeneland<span style="line-height: 1.5;"> Director of Sales Geoffrey Russell called it ‘phenomenal,’ but adds prices have not yet recovered from the recession.</span></p><p>“We’ll never get back to pre recession times because once the financial crisis happened in 2008, it cut off a lot of credit to people to buy horses so those prices were highly inflated," said Russell. "So, now we’re down to and back to a very true and fair market that is discretionary income driven.”</p><p> Mon, 23 Sep 2013 21:04:19 +0000 Stu Johnson (KPR) 35102 at http://wkms.org Pre-Recession Prices Paid For Keeneland Yearlings Long Gone