U.S. bank multifamily property loans in United States
U.S. bank multifamily property loans in the United States was $642.47 billion in September 2026, according to the Board of Governors of the Federal Reserve System. That is up 4.6% from September 2025.
U.S. bank multifamily property loans in United States, January 2015 to September 2026
All 141 values
| Period | USD million |
|---|---|
| 2026-09 | 642,467 |
| 2026-08 | 637,792.4 |
| 2026-07 | 634,358.2 |
| 2026-06 | 636,330.7 |
| 2026-05 | 635,292.7 |
| 2026-04 | 631,684.4 |
| 2026-03 | 629,773.2 |
| 2026-02 | 628,286 |
| 2026-01 | 626,175.3 |
| 2025-12 | 625,236.1 |
| 2025-11 | 621,461 |
| 2025-10 | 617,926.4 |
| 2025-09 | 613,988.8 |
| 2025-08 | 613,462.4 |
| 2025-07 | 612,665.8 |
| 2025-06 | 611,315.6 |
| 2025-05 | 610,481.9 |
| 2025-04 | 607,079.3 |
| 2025-03 | 604,021.2 |
| 2025-02 | 601,631.2 |
| 2025-01 | 600,431.6 |
| 2024-12 | 599,344.8 |
| 2024-11 | 600,139.2 |
| 2024-10 | 598,447.8 |
| 2024-09 | 597,056.7 |
| 2024-08 | 595,848.4 |
| 2024-07 | 595,581.6 |
| 2024-06 | 595,611.1 |
| 2024-05 | 595,950 |
| 2024-04 | 593,812.9 |
| 2024-03 | 590,934.9 |
| 2024-02 | 587,895.9 |
| 2024-01 | 584,874.5 |
| 2023-12 | 580,269.4 |
| 2023-11 | 579,486.4 |
| 2023-10 | 578,005.4 |
| 2023-09 | 575,951 |
| 2023-08 | 575,069 |
| 2023-07 | 569,005.2 |
| 2023-06 | 566,822.9 |
| 2023-05 | 565,294.3 |
| 2023-04 | 563,692.9 |
| 2023-03 | 571,294.9 |
| 2023-02 | 577,907.3 |
| 2023-01 | 571,606.8 |
| 2022-12 | 569,030.7 |
| 2022-11 | 524,626.5 |
| 2022-10 | 519,545.3 |
| 2022-09 | 511,601.3 |
| 2022-08 | 505,206.8 |
| 2022-07 | 494,881.9 |
| 2022-06 | 484,673.1 |
| 2022-05 | 475,425.9 |
| 2022-04 | 468,600.2 |
| 2022-03 | 460,917.6 |
| 2022-02 | 455,327.2 |
| 2022-01 | 452,483.8 |
| 2021-12 | 444,950.1 |
| 2021-11 | 438,495.3 |
| 2021-10 | 433,886.6 |
| 2021-09 | 435,013.9 |
| 2021-08 | 431,328.4 |
| 2021-07 | 429,192.3 |
| 2021-06 | 426,004.5 |
| 2021-05 | 423,962.1 |
| 2021-04 | 422,018.9 |
| 2021-03 | 421,242.7 |
| 2021-02 | 420,844.3 |
| 2021-01 | 420,872.2 |
| 2020-12 | 418,719.7 |
| 2020-11 | 419,812 |
| 2020-10 | 418,371.2 |
| 2020-09 | 417,383.8 |
| 2020-08 | 415,811 |
| 2020-07 | 414,410 |
| 2020-06 | 414,593.3 |
| 2020-05 | 413,918 |
| 2020-04 | 411,835.6 |
| 2020-03 | 408,982.3 |
| 2020-02 | 404,691.9 |
| 2020-01 | 400,869.5 |
| 2019-12 | 397,786.5 |
| 2019-11 | 386,441.2 |
| 2019-10 | 383,313.4 |
| 2019-09 | 380,077 |
| 2019-08 | 377,002.7 |
| 2019-07 | 374,613.6 |
| 2019-06 | 372,505.9 |
| 2019-05 | 371,049.1 |
| 2019-04 | 365,004.8 |
| 2019-03 | 362,840.2 |
| 2019-02 | 361,932.5 |
| 2019-01 | 358,876.3 |
| 2018-12 | 356,521.3 |
| 2018-11 | 356,619.9 |
| 2018-10 | 354,825.3 |
| 2018-09 | 351,735 |
| 2018-08 | 348,739.6 |
| 2018-07 | 346,827.1 |
| 2018-06 | 344,475 |
| 2018-05 | 342,199.7 |
| 2018-04 | 340,814.1 |
| 2018-03 | 338,331.1 |
| 2018-02 | 335,762.1 |
| 2018-01 | 334,272.8 |
| 2017-12 | 332,090 |
| 2017-11 | 329,317.8 |
| 2017-10 | 325,996.2 |
| 2017-09 | 322,183.9 |
| 2017-08 | 323,157.4 |
| 2017-07 | 324,269.4 |
| 2017-06 | 321,307.9 |
| 2017-05 | 319,200 |
| 2017-04 | 318,178.9 |
| 2017-03 | 316,344.2 |
| 2017-02 | 313,789.5 |
| 2017-01 | 311,671.6 |
| 2016-12 | 309,175.4 |
| 2016-11 | 307,432.7 |
| 2016-10 | 304,816.4 |
| 2016-09 | 301,361.7 |
| 2016-08 | 297,118 |
| 2016-07 | 295,154.5 |
| 2016-06 | 291,487.6 |
| 2016-05 | 287,755.5 |
| 2016-04 | 283,097 |
| 2016-03 | 280,333.6 |
| 2016-02 | 278,343.5 |
| 2016-01 | 275,084.2 |
| 2015-12 | 271,668.5 |
| 2015-11 | 266,880.1 |
| 2015-10 | 263,588.6 |
| 2015-09 | 260,569.6 |
| 2015-08 | 256,680.5 |
| 2015-07 | 252,266.9 |
| 2015-06 | 248,131.3 |
| 2015-05 | 245,881.7 |
| 2015-04 | 243,837.2 |
| 2015-03 | 241,058.1 |
| 2015-02 | 234,811.1 |
| 2015-01 | 232,157.9 |
Revision history
The September 2026 figure was revised once after Invokely first recorded it, from $641.57 billion to $642.47 billion.
| Period | First recorded | Latest | Revisions | Status changes | First recorded on | Last revised on |
|---|---|---|---|---|---|---|
| September 2026 | 641,566.9 | 642,467 | 1 | 0 | ||
| August 2026 | 637,816 | 637,792.4 | 1 | 0 | ||
| July 2026 | 634,396.3 | 634,358.2 | 1 | 0 | ||
| June 2026 | 636,330.3 | 636,330.7 | 1 | 0 |
Definition
Seasonally adjusted monthly average balance of loans secured by multifamily residential properties and held by U.S. commercial banks, in USD million. H.8 defines multifamily properties as residential properties with five or more units, including apartment buildings (Federal Reserve H.8, item 18).
H.8 covers commercial banks in the 50 states and the District of Columbia, including domestically chartered banks, U.S. branches and agencies of foreign banks, and Edge Act and agreement corporations. It excludes International Banking Facilities, U.S. territories, savings institutions, credit unions, and consumer finance companies. The XML date is the calendar month-end label, but each monthly level is a pro rata average of estimated weekly Wednesday balances, not a month-end balance. These are balance-sheet stocks, not new lending or loan originations. Some indicators are aggregates with their components also listed, so an aggregate and its components should not be added together. Federal Reserve notes document reporting and category reclassifications that can affect levels; published H.8 growth rates adjust for major nonbank structural changes and accounting changes, while the levels shown here retain these breaks and may not be comparable across them.
How to cite
Board of Governors of the Federal Reserve System. H.8 Assets and Liabilities of Commercial Banks in the United States: U.S. bank multifamily property loans, seasonally adjusted monthly average, USD million (B1217NCBAM). https://www.federalreserve.gov/releases/h8/current/. Retrieved 2026-10-16.
Citation styles
APA 7
Board of Governors of the Federal Reserve System. (2026). H.8 Assets and Liabilities of Commercial Banks in the United States: U.S. bank multifamily property loans, seasonally adjusted monthly average, USD million (B1217NCBAM) (U.S. bank multifamily property loans, United States, 2015-01 to 2026-09) [Data set]. Retrieved October 16, 2026, from https://www.federalreserve.gov/releases/h8/current/
MLA 9
H.8 Assets and Liabilities of Commercial Banks in the United States: U.S. bank multifamily property loans, seasonally adjusted monthly average, USD million (B1217NCBAM), U.S. bank multifamily property loans, United States, 2015-01 to 2026-09. Board of Governors of the Federal Reserve System, 16 Oct. 2026, https://www.federalreserve.gov/releases/h8/current/. Invokely, https://invokely.ai/en/us-bank-multifamily-property-loans/united-states. Accessed 16 Oct. 2026.
Chicago (author-date)
Board of Governors of the Federal Reserve System. 2026. H.8 Assets and Liabilities of Commercial Banks in the United States: U.S. bank multifamily property loans, seasonally adjusted monthly average, USD million (B1217NCBAM). U.S. bank multifamily property loans, United States, 2015-01 to 2026-09. Dataset. Accessed October 16, 2026. https://www.federalreserve.gov/releases/h8/current/. Also distributed by Invokely, https://invokely.ai/en/us-bank-multifamily-property-loans/united-states.
Harvard
Board of Governors of the Federal Reserve System (2026) H.8 Assets and Liabilities of Commercial Banks in the United States: U.S. bank multifamily property loans, seasonally adjusted monthly average, USD million (B1217NCBAM), U.S. bank multifamily property loans, United States, 2015-01 to 2026-09 [Dataset]. Available at: https://www.federalreserve.gov/releases/h8/current/, via Invokely: https://invokely.ai/en/us-bank-multifamily-property-loans/united-states (Accessed: 16 October 2026).
BibTeX
@misc{board_u_s_bank_multifamily_2026,
author = {{Board of Governors of the Federal Reserve System}},
title = {{H.8 Assets and Liabilities of Commercial Banks in the United States: U.S. bank multifamily property loans, seasonally adjusted monthly average, USD million (B1217NCBAM): U.S. bank multifamily property loans, United States, 2015-01 to 2026-09}},
year = {2026},
howpublished = {Data set},
url = {https://www.federalreserve.gov/releases/h8/current/},
urldate = {2026-10-16},
note = {Accessed via Invokely, https://invokely.ai/en/us-bank-multifamily-property-loans/united-states. Publisher attribution: Board of Governors of the Federal Reserve System. H.8 Assets and Liabilities of Commercial Banks in the United States: U.S. bank multifamily property loans, seasonally adjusted monthly average, USD million (B1217NCBAM). https://www.federalreserve.gov/releases/h8/current/. Retrieved 2026-10-16.},
}
RIS
TY - DATA
AU - Board of Governors of the Federal Reserve System
TI - H.8 Assets and Liabilities of Commercial Banks in the United States: U.S. bank multifamily property loans, seasonally adjusted monthly average, USD million (B1217NCBAM): U.S. bank multifamily property loans, United States, 2015-01 to 2026-09
PY - 2026
DA - 2026/10/16
PB - Board of Governors of the Federal Reserve System
DB - Invokely
UR - https://www.federalreserve.gov/releases/h8/current/
L2 - https://invokely.ai/en/us-bank-multifamily-property-loans/united-states
Y2 - 2026/10/16
N1 - Accessed via Invokely, https://invokely.ai/en/us-bank-multifamily-property-loans/united-states.
N1 - Publisher attribution: Board of Governors of the Federal Reserve System. H.8 Assets and Liabilities of Commercial Banks in the United States: U.S. bank multifamily property loans, seasonally adjusted monthly average, USD million (B1217NCBAM). https://www.federalreserve.gov/releases/h8/current/. Retrieved 2026-10-16.
ER -
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Questions
What is the U.S. bank multifamily property loans in United States?
U.S. bank multifamily property loans in the United States was $642.47 billion in September 2026, according to the Board of Governors of the Federal Reserve System. That is up 4.6% from September 2025.
Where does this figure come from?
Board of Governors of the Federal Reserve System. H.8 Assets and Liabilities of Commercial Banks in the United States: U.S. bank multifamily property loans, seasonally adjusted monthly average, USD million (B1217NCBAM). Retrieved by Invokely on 2026-10-16.
What was the highest U.S. bank multifamily property loans in United States?
$642.47 billion in September 2026, the highest value since January 2015 in this series.
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