Deloitte has released its report on art and finance prepared by ArtTactic in London. The report has some interesting graphs including this one showing the rise of Sotheby’s and Christie’s sales over the last 15 years. These are just auction transactions but it gives a clear view of the unprecedented growth in the art market over the last decade and a half.
Deloitte calculates a 14.4% Compound Annual Growth Rate over these 15 years, a bit of striking perspective when it comes to dealing with the worries about declining sales in 2016.
Art & Finance report (Deloitte Luxembourg)