Confidence in the art market is rising, with a significant increase in dealers expecting sales growth in 2026 according to the latest Art Basel and UBS Global Art Market Report. The report, authored by economist Clare McAndrew, notes that 43% of dealers anticipate improvement, a 10-point jump from the previous year, though recovery remains uneven due to high costs and trade barriers.
London gallery Pilar Corrias has announced the representation of French painter Alexis Ralaivao in partnership with New York-based Olney Gleason. The announcement coincides with Ralaivao’s debut UK solo exhibition, "Flirter avec l’abstrait," which is currently on view at the gallery’s Conduit Street location in Mayfair. Ralaivao is recognized for his intimate, diaristic oil paintings that blend 17th-century Dutch technical precision with contemporary emotional depth.
Poly Auction Hong Kong concluded its modern and contemporary art sale on April 6, achieving a total of HK$76.4 million (US$9.8 million) with a 67% sell-through rate. The auction was headlined by Liu Wei’s 1995 masterpiece "You Like Pork?", which sold for HK$27.6 million (US$3.5 million) to a phone bidder. Other top performers included Zao Wou-Ki’s "15.07.67" from his Hurricane period and Wu Dayu’s "Rhymes of Beijing Opera," both of which surpassed the HK$10 million threshold.
Poly Auction Hong Kong concluded its modern and contemporary art sale on April 6, generating a total of HK$76.4 million (US$9.8 million) with a 67% sell-through rate. The auction was headlined by Liu Wei’s 1995 masterpiece "You Like Pork?", which fetched HK$27.6 million (US$3.5 million). Other significant results included Zao Wou-Ki’s "15.07.67" from his Hurricane period and Wu Dayu’s "Rhymes of Beijing Opera," both of which surpassed the HK$10 million threshold.
Sotheby’s Paris achieved a landmark result for its modern and contemporary art sale, totaling €35 million ($41 million) and surpassing its high estimate. The auction was headlined by two Claude Monet paintings that had been hidden from public view for roughly a century, including 'Vétheuil, effet du matin' (1901), which sold for €10.2 million ($12.1 million), setting a record for the artist at auction in France.
Art Basel Hong Kong opened with robust sales and high energy, signaling a strong recovery for the Asia-Pacific art market. Blue-chip galleries reported several seven-figure transactions early on, including a $4 million Picasso at Bastian and a $3.8 million Liu Ye painting at David Zwirner. The fair's debut of the digital-focused 'Zero 10' initiative and a significant presence of regional collectors underscored a diverse appetite for both postwar masters and contemporary digital works.
Gerd Harry ‘Judy’ Lybke, the founder of the influential German gallery Eigen + Art, is making his debut at the inaugural Art Cologne Palma Mallorca. Lybke, who began his career as a nude artist's model in East Germany before opening an underground flat-gallery in 1983, reflects on the evolution of the art market from a socialist system defined by censorship to the modern capitalist landscape. For this fair, he is presenting a diverse roster ranging from New Leipzig School star Neo Rauch to emerging talent Maja Behrmann, with works priced between €2,000 and €20,000.
The Nicholas Metivier Gallery in Toronto has officially announced the representation of Tom Wilson Tehohàhake, a multidisciplinary artist, musician, and Order of Canada appointee. Wilson’s latest paintings are set to make their debut with the gallery at the upcoming Dallas Art Fair in April 2026. His work is characterized by vibrant, intricate patterns that incorporate elements of Mohawk beadwork and excerpts from his own literary writings.
The thirteenth edition of Expo Chicago opened its VIP preview at Navy Pier with a streamlined floor plan and a focus on emerging talent. Despite a generally slow global art market, exhibitors reported strong early sales, including Nashville-based artist Annie Brito Hodgin’s debut outside her home state and Wenhui Hao’s near-sell-out presentation with Half Gallery. The fair’s decision to reduce the number of exhibitors from 170 to 130 was widely praised by dealers for improving the quality of presentations and making the event more navigable for collectors.
Vancouver-based collector Bob Rennie and his family have donated 24 significant contemporary artworks to the National Gallery of Canada in Ottawa. The gift features a major installation by Kerry James Marshall titled 'Wake' (2003–25), alongside works by Brian Jungen, Jin-me Yoon, and 17 pieces by Christopher Williams, marking the latter's debut in the museum's permanent collection.
Garth Greenan Gallery has announced it will relocate from Chelsea to SoHo in September, marking the gallery's 15th anniversary. The move involves opening two distinct spaces across from each other at 10 and 25 Greene Street, nearly tripling the gallery's current footprint to over 3,500 square feet of exhibition space. The new locations, situated in landmarked cast-iron buildings, will debut with solo exhibitions by Rosalyn Drexler and Cannupa Hanska Luger.
D Lan Galleries is returning to TEFAF Maastricht in 2026 following a landmark debut that generated nearly $1.4 million in sales. The Melbourne and New York-based gallery will showcase 13 masterworks by prominent First Nations Australian artists, including Emily Kam Kngwarray, Sally Gabori, Johnny Warangkula Tjupurrula, and Gordon Bennett. The presentation spans works from the 1970s to the present, highlighting the evolution of Indigenous Australian art on the global stage.
Sculptor Alma Allen has officially joined Galerie Perrotin, a major international blue-chip gallery, ahead of his representation of the United States at the upcoming Venice Biennale. The move follows a period of representation turnover, as Allen was recently dropped by Olney Gleason and Mendes Wood DM after accepting the prestigious commission. Perrotin will provide essential logistical and operational support for the U.S. Pavilion, with Allen’s first solo exhibition at the gallery’s Paris location scheduled for this fall.
Christie’s London achieved a robust £197.5 million ($263.8 million) across three evening sales, marking a significant 52 percent increase over the previous year. The marathon auction event included the 20th/21st Century sale, the Art of the Surreal sale, and a dedicated session for the Roger and Josette Vanthournout collection. Highlighting the evening was a record-breaking £26 million sale for Henry Moore’s sculpture "King and Queen," alongside strong performances for works by Dorothea Tanning and Toyen.
Art Basel Qatar has launched its inaugural edition in Doha, marking a significant expansion of the Swiss fair brand into the Middle East. The event features 87 exhibitors in a unique, booth-less format spread across the M7 and Doha Design District, departing from traditional trade fair aesthetics in favor of a curated, biennial-style presentation. While the opening VIP day saw strong attendance from regional collectors and major international galleries like Hauser & Wirth, the atmosphere was tempered by light initial sales and significant regional geopolitical tensions.
White Cube has announced the representation of Navajo artist Emmi Whitehorse, who will be represented alongside her New York gallery, Garth Greenan. The partnership follows Whitehorse’s successful solo exhibition at White Cube’s Paris space and her inclusion in the 2024 Venice Biennale. The gallery plans to debut new work, including the painting "Father Sky meets Mother Earth," at its Art Basel Hong Kong booth later this month.
Sotheby’s London kicked off the spring auction season with a robust modern and contemporary art evening sale, totaling £131.7 million and achieving a rare 100% sell-through rate. Despite global political uncertainty, the auction saw aggressive bidding for British post-war masterpieces and Italian avant-garde works. The event also marked the debut of Sotheby’s new commission structure, which lowers fees for high-value lots to incentivize larger transactions.
Christie’s London evening sales achieved a combined total of £197.5 million ($263.8 million) on March 5, 2026, representing a 52 percent increase year-on-year. The night was headlined by Henry Moore’s monumental bronze sculpture 'King and Queen', which sold for a record-breaking £26.3 million after an eight-minute bidding war. The event also debuted a new auction rostrum designed by Sir Jony Ive’s creative collective, LoveFrom, marking the house's 260th anniversary.
Pace Gallery has announced the representation of Korean-born, New York-based conceptual artist Anicka Yi, who joins the gallery's roster while maintaining her existing relationships with Gladstone Gallery, 47 Canal, and Esther Schipper. Yi will debut a new painting at Pace’s Art Basel Hong Kong booth this month, followed by a solo exhibition in New York in 2027 and upcoming projects at the New Museum and Storm King Art Center.
Pace Prints is expanding its operations to Los Angeles, with plans to open a new production facility and small gallery space this fall. Unlike a standard gallery expansion, the Hollywood location will prioritize providing West Coast artists with a dedicated environment for long-term experimentation in printmaking. The move coincides with the publisher's debut at Frieze Los Angeles, featuring a roster of local and international artists including Jonas Wood and Hilary Pecis.
Christie’s has announced its first-ever auction dedicated to the intersection of anime, manga, and traditional Japanese art. Titled "Anime Starts Here: Japanese Subculture Imagines Tradition," the online sale will debut during Asia Week New York in March, featuring a curated selection that ranges from 19th-century Katsushika Hokusai woodblock prints to original production drawings from iconic series like Sailor Moon and Doraemon. Key highlights include a rare 1953 drawing by the "God of Manga" Tezuka Osamu and a print of Hokusai’s legendary "The Great Wave."
A wave of new and relaunched satellite art fairs is debuting in Los Angeles to coincide with Frieze Los Angeles, offering lower-cost alternatives for galleries and artists. Newcomers like the Indianapolis-based Butter Art Fair, the photography-focused Show LA, and the New York-centric Enzo Art Fair are positioning themselves as intimate, artist-centric, or zero-fee options. These ventures aim to capitalize on the influx of global collectors while bypassing the high overhead costs associated with major international fairs.
The inaugural edition of Art Basel Qatar launched with a unique booth-less format, prioritizing single-artist presentations and regional connections over the typical high-speed frenzy of European fairs. While the pace of transactions was more measured, significant sales were reported, including a $250,000 video installation by Kutlug Ataman sold by Niru Ratnam to an institution and multiple works by regional stars like Ahmed Mater and Ali Cherri. High-value blue-chip items, including a $42 million Picasso, remained tucked away in private viewing rooms to accommodate the region's preference for discretionary collecting.
The Gulf region is rapidly transforming into a primary axis for the international art trade, marked by the upcoming debut of Art Basel Qatar and the rebranding of Abu Dhabi Art as a Frieze event. While state-led museum projects have long dominated headlines, a surge of commercial activity is now taking hold as blue-chip galleries like Pace and David Zwirner join local stalwarts. This expansion comes at a strategic time as traditional markets in the U.S., U.K., and China face contraction.
Christie's London will offer Wassily Kandinsky's painting *Le Rond Rouge* (1939) with a high estimate of £15.5 million ($21.3 million) in its 20th/21st Century evening sale on March 5. The work, a key piece from the artist's Paris period, has been in prominent collections and was last sold at Sotheby's New York in 2018 for $20.6 million. The sale will also feature a fresh-to-auction Henry Moore bronze sculpture, *King and Queen* (1952-53), estimated at up to £15 million.
Art Basel Qatar opened its inaugural edition to VIPs in Doha, featuring an unconventional 'boothless' format with 87 exhibitors each presenting a solo artist. The fair, curated by artist Wael Shawky, is split between two venues in the Msheireb district, with blue-chip galleries in M7 and more emerging to mid-tier galleries in the Design District. The event is heavily subsidized by Qatar, significantly lowering costs for exhibitors and encouraging a focus on market education over immediate sales.
A series of significant artworks are heading to auction in February, led by an early Artemisia Gentileschi self-portrait making its auction debut at Christie's New York with an estimate of $2.5m-$3.5m. Other highlights include Rembrandt's last privately-held animal drawing, 'Young Lion Resting', at Sotheby's New York ($15m-$20m estimate), a Judy Chicago print of Mary, Queen of Scots at Phillips, and an Odilon Redon work on paper at Artcurial Paris.
Sotheby's is launching its inaugural Old Masters Week at its new Breuer building location in New York with a special exhibition of works heading to auction. The centerpiece is the 'cimasa' (top panel) of Pietro Perugino's 'Decemviri Altarpiece' (1495), on an exceptional loan from Italy's National Gallery of Umbria and traveling outside Italy for the first time. After its display at Sotheby's, the panel will be exhibited at the Morgan Library and Museum alongside Giovanni Bellini's newly restored 'Pietà' (c. 1470), which is also making its U.S. debut.
The article highlights five notable artworks heading to auction in January 2025, spanning sales at Christie’s, Sotheby’s, Bonhams Skinner, and Heritage Auctions. Featured lots include Winslow Homer’s *A Mountain Climber Resting* (est. $1.5–2.5M) from the Max N. Berry Collection, Otobong Nkanga’s tapestry *The Pursuit of Bling: The Transformation* (est. £20,000–30,000), Bob Ross’s *Valley View* (est. $30,000–50,000), and Claes Oldenburg’s lithograph *Three Way Plug* (est. $3,000+). Each work comes with distinct provenance—from a Standard Oil heiress to a hardware pioneer—and reflects diverse market segments from blue-chip American painting to contemporary African art and pop-culture collectibles.
Sotheby’s is returning to Riyadh for the second edition of its Origins sale, titled Origins II, with a live auction scheduled for 31 January. The sale will feature over 70 lots spanning Modern and Contemporary Art, Ancient Sculpture, and 20th-Century Design, including works by Saudi pioneer Safeya Binzagr, Iraqi artist Mahmoud Sabri, and Pablo Picasso. The auction coincides with the Diriyah Contemporary Art Biennale and the debut of Art Basel Doha, and will be preceded by a public exhibition at Diriyah’s Bujairi Terrace from 24 to 31 January.