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Historically, stocks have taken 251 days (8.3 months) to fall into a bear market. When the S&P 500 has fallen 20% at a faster clip, the index has averaged a loss of 28%. The longest bear market ...
Behind the data—12% decline in value, a 31% collapse in China, the dramatic retreat of the high-end market—what we are witnessing is a subtle but seismic shift. The art world is no longer ...
The global art market shrunk for the second year in a row in 2024 but transactions grew with greater demand at lower price points, according to a report by UBS and Art Basel. In 2024, the art market ...
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.
A 155-year-old completely renovated German Village home has hit the market for $1.2 million. Built in 1870 as a duplex, the 2,082-square-foot home on Jackson Street was featured on the village's ...
Sales in the global art market declined by 12% year-on-year in 2024 to an estimated $57.5 billion, according to the Art Market Report issued on Tuesday by Swiss bank UBS and Art Basel, following a ...
“Geopolitical tensions, economic volatility and trade fragmentation” drove the market down, according to the Art Basel and UBS Global Art Market Report. By Scott Reyburn Reporting from London ...
Our analysis of the second half of the year’s market trends provides a data-driven overview of the current state of the art world, highlighting auction results and trends, and spotlights the ...
Public auction sales fell 25% in 2024 amid a broader decline in the global art market last year, according to the latest Art Basel and UBS Art Market Report published Tuesday morning, April 8.
Hong Kong’s spring auction season unfolded alongside Art Basel Hong Kong for the first time this March, with Christie’s and Sotheby’s staging their marquee evening sales on the 28 th and 29 th as part ...
The Cannes Film Market is launching Village Innovation, a new venue dedicated to technology and innovation in the film industry. The venue will bring together the bulk of activities from Cannes ...