Is the Global Art Market Slowing Down?

Yes, recent reports indicate that the global art market is experiencing a slowdown. In 2023, the global art market had an estimated USD 65 billion in sales, down 4% year over year, as per the annual The Art Basel and UBS Global Art Market Report 2024. However, high interest rates, inflation, political turbulence and other … Continue reading Is the Global Art Market Slowing Down?