The global art market saw a record-breaking year in 2021, with total auction turnover hitting new highs in terms of total sales volume and number of lots sold. 2022 is turning out to be an even more impressive year so far as art values and buying activity hit new highs.
The Artprice Contemporary Art Index is currently up 16.2% year to date, compared to the S&P 500 that’s down nearly 14% over the same period.
