In this week's episode of the ArtTactic Podcast, host Adam Green dives into the latest trends shaping the art market with Michael Moses, co-founder of Art Market Consultancy and a pioneer in compiling repeat sales auction data. Michael shares key insights from the first half of 2024, including factors driving the recent decline in auction prices and the growing supply of art on the market. We explore how increased online-only sales are changing auction dynamics, as well as the role of collector motivation versus auction house capacity in driving supply. Additionally, Michael offers his perspective on correlations between art and other asset classes, the impact of signatures and dates on artwork returns, and what he anticipates for the upcoming major auctions in New York.
