The real estate market in the city saw buyers and renters both battling record high costs in 2024.

There was also a temporary drop in mortgage rates, and the City Council approved a new law prohibiting landlords from passing the fees of brokers they hire onto prospective tenants.

So what can renters and buyers expect in the new year?

The real estate site StreetEasy is out with its key predictions for the city’s housing market in 2025.

StreetEasy economist Kenny Lee joined anchor Rocco Vertuccio on “Weekends on 1” Saturday morning to discuss what to expect in the new year.