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

… and a lack of inventory kept a lot of wouldbe buyers in rentals and this raised competition for apartmentsa … are likely to bounce around the six percent range But more NYC sales are in the cards for 2025 thanks in part to … rents started to climb again and so did bidding wars Manhattan median rent jumped 5 percent to $4200 in November …

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