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

… That in turn relieved some pressure on demand for rentals However by the end of the yearwhen mortgage rates stopped … as a result of the FARE Act Rents are already high how much higher can they go Owners will still want to attract … 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