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

… despite three interest rate cuts by the Federal Reservedue to fasterthanexpected economic growth and inflation concerns … of wouldbe buyers in rentals and this raised competition for apartmentsa continuation of a trend seen in previous … That in turn relieved some pressure on demand for rentals However by the end of the yearwhen mortgage rates stopped …

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