State of the Art Market: An Analysis of Global Fine Art Auction Sales in 2022

Analysis

State of the Art Market: An Analysis of Global Fine Art Auction Sales in 2022

Here’s what recent auction results can tell us about the state of play in the art market.

By Artnet News and Morgan Stanley, Mar 1, 2023

Analysis

California’s Creative Economy Has Made a Spectacular Post-Pandemic Rebound, According to a New Report

It also outperformed the overall economy.

By Eileen Kinsella, Feb 28, 2023

Analysis

Expert Report on Documenta 15 Calls Show an ‘Echo Chamber’ for Israel-Related Antisemitism. But Its Authors Defend Artistic Freedom

The 133-page report, which was commissioned by culture minister Claudia Roth, has wide-ranging implications for the future of the show.

By Quynh Tran, Feb 10, 2023

Analysis

LVMH Shelled Out $47 Million to Keep a Caillebotte Masterpiece in France. So Why Are People Complaining?

LVMH is entitled to a major tax break after buying the painting.

By Eileen Kinsella, Feb 7, 2023

Analysis

After a Decade-Long Slide, the Chinese Art Market Is on the Upswing Again, Generating $7.4 Billion in Global Sales in 2021

As the market returns to "business as usual," sales of Chinese art and antiquities increased on a global scale.

By Artnet News, Nov 16, 2022

Analysis

From the Studio to the Auction Block: How the Path Between These Two Poles Shrank in the 21st Century—and What It Means for the Art Market

A primer on how the sales cycle sped up in the 21st century.

By Artnet News and Morgan Stanley, Nov 3, 2022

Analysis

‘I’ll Have Terrific Shows Posthumously,’ Hedda Sterne Said. She Was Right—and Now the Late Artist Is Getting the Recognition She Deserved

Victoria Miro now represents the artist’s estate.

By Karen Chernick, Nov 2, 2022

Analysis

How a $10 Million Miró Auction Flop Turned Into a Dream Come True for One Dutch Museum

The museum seized an opportunity after the Surrealist work failed to sell at auction.

By Eileen Kinsella, Sep 29, 2022

Analysis

How Canny Market Players Helped Push Once-Obscure Painter Lynne Drexler’s Prices From Fifty Bucks to Over $1 Million

The painter lived for decades on a remote island in Maine.

By Eileen Kinsella, Sep 20, 2022

Analysis

In 2020, Blue-Chip Art Businesses Flocked to the Hamptons. Are They in It for the Long Haul?

"It's a thing," said one veteran dealer of the newly energized Hamptons art scene.

By Eileen Kinsella, Aug 3, 2022

Analysis

The Pandemic Battered California’s Creative Economy. Here Are the Sectors That Were Hardest Hit, and Those That Were Most Resilient

The latest Otis College report on the creative industries in California shows the disparate effects of the pandemic.

By Eileen Kinsella, Apr 13, 2022

Analysis

Demonstrating Resilience During the Pandemic, the Market for Chinese Art and Antiques Reaped $5.7 Billion Last Year, Our Report Found

Sales remained solid in mainland China, but dropped in other regions across the globe.

By Eileen Kinsella, Nov 22, 2021

Analysis

Hong Kong’s Local Art Market Is Flourishing. But Under Its National Security Law, Many Fear an Artist Exodus

Sales have been strong at the start of the city's fall art season—but it's market appears to be operating in a parallel universe.

By Vivienne Chow, Sep 28, 2021

Analysis

High Net Worth Millennial Women Are Powering a Gallery Recovery and 7 Other Takeaways From Art Basel’s Latest Market Report

Dealers emphasized the importance of maintaining relationships with collectors and attending art fairs

By Eileen Kinsella, Sep 9, 2021

Analysis

How a New Class of Investors Driven by Nostalgia—and Flush With Cash—Shot the Video Game Market Into High Orbit

Insiders say young adults are excited at the prospect of reliving old memories.

By Sarah Cascone, Aug 30, 2021