Rising Art Prices During the Pandemic

New Buyers Prove Art Market Resiliency and More Key Insights Key findings: Art market prices, as measured by Sotheby’s Mei Moses, were up in the extended first half of 2020, with the SMM All Art Index up 1.6% from 2019 Fewer lots offered, and a change in the mix...

2019 Market Recap & Analysis

While prices were down 5.9%, the Contemporary Art market, led by continuing growth in demand for works by African American and female artists, continued its ever-soaring price growth....

November 2019 Auction Recap

Price growth measured by Sotheby’s Mei Moses was consistent with the prior five seasons of New York auctions...

Select Press Coverage

Journalists have covered Michael's analysis of the art market in the following articles:...

The Holding Period Effect

Originally published in the Deloitte's Art & Finance Report 2019, this article examines the relationship between how long a work of art is held off the auction market, and the annualized rate of return...

Rising prices for female artists

This data study was the first of its kind, to quantify how prices for works of art had moved in tandem with prices for works be male artists, until a recent divergence led by growing interest and demand for works made by women....

May 2019 Auction Recap

10 Noteworthy Repeat Auctions Sales from the May Sales Season at Sotheby’s...

Market effects surrounding artist deaths

The death on an artists can have varied effects on the market his or her art. This study leverages repeat auction data to quantify the factors that can benefit or hurt the posthumous market for artists....