"Auction sales rose around 13 percent in 2025, marking the first increase in years, but much of that growth was driven by a handful of ultra-expensive works sold in New York."
"The U.S. is surging, China continues to decline, and newer markets are gaining ground. Collectors are shifting their focus-moving away from speculative ultra-contemporary art and doubling down on established names."
Auction sales in 2025 increased by approximately 13%, marking the first rise in years, primarily due to a few ultra-expensive artworks sold in New York. The U.S. art market is experiencing significant growth, while China is in decline, and emerging markets are gaining traction. Collectors are shifting their focus from speculative ultra-contemporary art to established artists, indicating a change in purchasing behavior. The future momentum of this recovery remains uncertain, raising questions about whether 2025 was an anomaly.
Read at Artnet News
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