Will Rent Go Down In 2024 Nyc. The us housing market will rebound in 2024, real estate veteran jonathan miller says. New yorkers will see a calmer rental market in 2024, after inventory shortages led to strong competition for rentals this year.
Data from the 2021 nyc housing and vacancy survey (hvs) allow a closer look at how nyc’s housing stock is segmented into rent regulation categories. A lack of affordable apartments is an ongoing issue for the city.