The latest Art Market Report by Art Basel and UBS reveals a continued downturn in global art and antiques sales, with a 12% ...

Global art sales sagged 12% last year to $57.5 billion, according to a report from Art Basel and UBS that’s widely considered the best way to track the “notoriously opaque” international art market.

Cooling interest in contemporary works and slow high-end sales contributed to another “challenging year” for the art market, according to UBS and Art Basel’s annual report.

Sales dropped 12 percent in 2024 to $57.5 billion, but total transactions rose to 40.5 million signaling growing demand at ...

Geopolitical tensions, economic volatility and trade fragmentation” drove the market down, according to the Art Basel and UBS ...

The art market had a brutal 2024, with global sales declining 12% by value, according to a new report by Art Basel and UBS.

In today's cooling market, the decision process is longer and more fraught, with plenty of time to bail out or head for the safer waters of more established post-war artists. That's the essence of the ...