After four years of uneven sales, Christie's and Sotheby's engineered a successful season by redefining buyer and seller expectations, orchestrating over $2.5 billion in sales including record-breaking works by Pollock, Rothko, and Brancusi.
ReadingBillionaire capital is actively seeking non-correlated asset classes. If auction houses can move $2.5B in one season, the real estate market's next tier is already being priced.
WatchTrack Q3 luxury real estate sales velocity. If art is being repositioned as a wealth store, residential real estate at the $20M+ tier will follow within 90 days.