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

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