By Scott Reyburn Reporting from London Sales in the international art market declined 12 percent in 2024, according to the Art Basel and UBS Global Art Market Report published on Tuesday.

Global sales of art and antiques have fallen for a second consecutive year, declining by 12% in 2024 to an estimated $57.5 billion, according to the latest annual Art Market Report by Art Basel ...

One reason was the revival of art fairs. Dealer sales at live events rose to 35% of total sales last year from 27% the year before, although the report said pre-pandemic, in 2019, fairs ...

After two years of growth, sales dipped 4 percent year-over-year, to some $65 billion. The Art Market Report attributes the decline to a number of factors, including high interest rates ...

While speculative sales of contemporary artworks and works by young artists fell in 2024, women artists, lower-value works, and sales in New York rose, according to the 2025 edition of the Hiscox ...

Sales trends outlined in the ninth edition of the Art Basel and UBS Global Art Market Report show a shift toward more accessible works, with significant growth in transactions under $50,000.

The latest edition of the annual Art Basel and UBS Global Art Market Report provides some sobering, though not dire, insights amid the uncertainty that has pervaded the art market in recent months ...