Contrary to the dominant narrative and major headlines surrounding the art market, Artprice’s 30th Annual Report, The 2024 Global Art Market Report, released last week, offers fresh insights into the state of the market. While the market is undergoing a necessary correction—evidenced by a 33.5% decline in global art auction sales in 2024 compared to […]
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Is the art market crashing?
It seems that it is all the art world is talking about these days. “It’s Not a Soft Landing: Contemporary Art Prices Come Crashing Down”, titled Artnet on March 22nd. Is this the End? It got people talking, worrying, and making doomsday predictions. But really? The End? The end of what? Of the ultra contemporary […]
