The auction market breathes a sigh of relief – but not everywhere

Der Auktionsmarkt atmet auf – aber nicht überall

The article reports that the auction market is showing signs of fragile recovery in 2025, with Christie’s, Sotheby’s, and Phillips all posting mid-double-digit percentage increases at their London sales in March compared to the previous year. However, the article notes that the prior year was exceptionally weak, and underlying issues such as high debt levels, aggressive commission models, and unresolved succession questions continue to threaten the stability of the major auction houses.

China Pavilion at the 61st International Art Exhibition - La Biennale di Venezia: Dream Stream

The China Pavilion at the 61st International Art Exhibition - La Biennale di Venezia has been announced under the title "Dream Stream." The pavilion will be part of the prestigious Venice Biennale, one of the world's most important contemporary art exhibitions, and is organized by the Chinese government or cultural authorities. The announcement was made via a press release distributed by PR Newswire, highlighting China's continued participation in this global art event.

Ridgewood’s Thriving Art Scene Steps Out of Bushwick’s Shadow

Ridgewood, a neighborhood in Queens, New York, has developed a thriving art scene that is increasingly stepping out of the shadow of its more famous neighbor, Bushwick. The article highlights how a growing number of galleries, artist-run spaces, and studios have opened in Ridgewood, attracted by lower rents and a sense of community, drawing artists and collectors away from the increasingly commercialized Bushwick corridor.

In pictures: inside the 2026 Affordable Art Fair Hong Kong

The 13th edition of the Affordable Art Fair Hong Kong is taking place from May 14 to May 17 at the Hong Kong Convention & Exhibition Centre. The fair showcases a wide range of affordable contemporary artworks, with participating galleries presenting pieces priced to attract new and seasoned collectors alike.

The Baum School of Art hosts 41st Annual Art Auction during its centennial year

The Baum School of Art in Allentown, Pennsylvania, is hosting its 41st Annual Art Auction during the institution's centennial year. The event features a curated selection of artworks donated by regional and national artists, with proceeds supporting the school's educational programs and scholarships.

Autumn Wunderkammer Auction - 2nd Session: Contemporary Decorative Art

Russell Kaplan Auctioneers is holding the second session of its Autumn Wunderkammer Auction on May 15, 2026, in Johannesburg, South Africa. The session, titled "Contemporary Decorative Art," will feature lots 700 through 1499, with approximately 60 lots sold per hour from 09:00 to 18:00.

Austin’s Affordable Art Fair: Global galleries, local artists and something for every budget

The Affordable Art Fair is coming to Austin, featuring a mix of international galleries and local artists, with artworks priced to suit a range of budgets. The event aims to make art collecting accessible to a broader audience, showcasing works from both established and emerging creators.