2025 NYC real estate forecast: Buyers and sellers tango, renters hold their breath

… rate cuts by the Federal Reservedue to fasterthanexpected economic growth and inflation concerns Those rates kept many … rate cuts expected dont count on mortgage rates to drop dramaticallythey are likely to bounce around the six … rate will spend most of the year in the sixes with a shortlived spike above 7 percent but never getting below 6 …

By Jennifer White Karp |January 2, 2025 - 12:30PM