Art News: Contemporary Art Market Rebounds, With $2.7 B. in Sales in the Past Year

By David Schonauer   Monday October 18, 2021

The contemporary art market raked in a record-breaking $2.7 billion in sales between June 2020 and June 2021, notes Art News, citing a report from Artprice. The big bump follows the relative implosion of the art market during the first half of 2020, when gallery sales dipped 36 percent following the early stages of the pandemic. “Photography and prints have been particularly successful in this new online environment and in 2021,” said Artprice CEO Thierry Ehrmann.

Read the whole story at ARTnews.


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