"In the current climate, it makes best sense to look at the buyers and sellers in the fine art market separately. On the buying side, there is plenty of activity at the lower end of the market, which is showing good signs of health; there are plenty of people who are invested in creating collections, both classical and contemporary, and will push prices 10% higher by the end of 2025."
"Where there will be room for improvement is in the middle market, where current geo-political issues, the slowing down of Asian engagement and the tightening of belts in Europe has led to a softening of prices and lower sell-through rates of the day sales at the major auction houses."
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