Art investments are becoming more stable for high-net-worth individuals (HNWIs) in 2024, after a period of volatility in the global art market.
Sales are starting to normalize, indicating a shift towards a more stable investment environment for art collectors and investors.
This reflects a broader recovery in the art market, which has experienced significant fluctuations in recent years.
The report emphasizes the resilience of art as an asset class, as HNWIs look to diversify their portfolios in response to changing economic conditions.
It also highlights the growing confidence among investors in the art market's potential for long-term value retention and appreciation.