by Laura Chesters
Growth in the Modern and Impressionist art market outpaced that of post-war and contemporary art in 2018, according to the latest global auction data from Christie’s, Sotheby’s and Phillips.
The figures from ArtTactic’s 2018 auction overview found the post-war and contemporary art market rose 18.1% last year to $3.88bn, a slowdown from a 40.3% growth in sales in 2017. Modern and Impressionist art auction sales rose 36.3% to $3.28bn.