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.

September 2026, USD million642,467
Change on September 2025+4.6%
Series high642,467September 2026
Series low232,157.9January 2015

Next release: Sunday, 8 November 2026, estimated by Invokely from past publication dates (low confidence), not announced by the publisher. Release calendar

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U.S. bank multifamily property loans in United States, January 2015 to September 2026

200K300K400K500K600K700K2015-012016-102018-072020-042022-012023-102026-092015-01: 232,157.9 USD million2015-02: 234,811.1 USD million2015-03: 241,058.1 USD million2015-04: 243,837.2 USD million2015-05: 245,881.7 USD million2015-06: 248,131.3 USD million2015-07: 252,266.9 USD million2015-08: 256,680.5 USD million2015-09: 260,569.6 USD million2015-10: 263,588.6 USD million2015-11: 266,880.1 USD million2015-12: 271,668.5 USD million2016-01: 275,084.2 USD million2016-02: 278,343.5 USD million2016-03: 280,333.6 USD million2016-04: 283,097 USD million2016-05: 287,755.5 USD million2016-06: 291,487.6 USD million2016-07: 295,154.5 USD million2016-08: 297,118 USD million2016-09: 301,361.7 USD million2016-10: 304,816.4 USD million2016-11: 307,432.7 USD million2016-12: 309,175.4 USD million2017-01: 311,671.6 USD million2017-02: 313,789.5 USD million2017-03: 316,344.2 USD million2017-04: 318,178.9 USD million2017-05: 319,200 USD million2017-06: 321,307.9 USD million2017-07: 324,269.4 USD million2017-08: 323,157.4 USD million2017-09: 322,183.9 USD million2017-10: 325,996.2 USD million2017-11: 329,317.8 USD million2017-12: 332,090 USD million2018-01: 334,272.8 USD million2018-02: 335,762.1 USD million2018-03: 338,331.1 USD million2018-04: 340,814.1 USD million2018-05: 342,199.7 USD million2018-06: 344,475 USD million2018-07: 346,827.1 USD million2018-08: 348,739.6 USD million2018-09: 351,735 USD million2018-10: 354,825.3 USD million2018-11: 356,619.9 USD million2018-12: 356,521.3 USD million2019-01: 358,876.3 USD million2019-02: 361,932.5 USD million2019-03: 362,840.2 USD million2019-04: 365,004.8 USD million2019-05: 371,049.1 USD million2019-06: 372,505.9 USD million2019-07: 374,613.6 USD million2019-08: 377,002.7 USD million2019-09: 380,077 USD million2019-10: 383,313.4 USD million2019-11: 386,441.2 USD million2019-12: 397,786.5 USD million2020-01: 400,869.5 USD million2020-02: 404,691.9 USD million2020-03: 408,982.3 USD million2020-04: 411,835.6 USD million2020-05: 413,918 USD million2020-06: 414,593.3 USD million2020-07: 414,410 USD million2020-08: 415,811 USD million2020-09: 417,383.8 USD million2020-10: 418,371.2 USD million2020-11: 419,812 USD million2020-12: 418,719.7 USD million2021-01: 420,872.2 USD million2021-02: 420,844.3 USD million2021-03: 421,242.7 USD million2021-04: 422,018.9 USD million2021-05: 423,962.1 USD million2021-06: 426,004.5 USD million2021-07: 429,192.3 USD million2021-08: 431,328.4 USD million2021-09: 435,013.9 USD million2021-10: 433,886.6 USD million2021-11: 438,495.3 USD million2021-12: 444,950.1 USD million2022-01: 452,483.8 USD million2022-02: 455,327.2 USD million2022-03: 460,917.6 USD million2022-04: 468,600.2 USD million2022-05: 475,425.9 USD million2022-06: 484,673.1 USD million2022-07: 494,881.9 USD million2022-08: 505,206.8 USD million2022-09: 511,601.3 USD million2022-10: 519,545.3 USD million2022-11: 524,626.5 USD million2022-12: 569,030.7 USD million2023-01: 571,606.8 USD million2023-02: 577,907.3 USD million2023-03: 571,294.9 USD million2023-04: 563,692.9 USD million2023-05: 565,294.3 USD million2023-06: 566,822.9 USD million2023-07: 569,005.2 USD million2023-08: 575,069 USD million2023-09: 575,951 USD million2023-10: 578,005.4 USD million2023-11: 579,486.4 USD million2023-12: 580,269.4 USD million2024-01: 584,874.5 USD million2024-02: 587,895.9 USD million2024-03: 590,934.9 USD million2024-04: 593,812.9 USD million2024-05: 595,950 USD million2024-06: 595,611.1 USD million2024-07: 595,581.6 USD million2024-08: 595,848.4 USD million2024-09: 597,056.7 USD million2024-10: 598,447.8 USD million2024-11: 600,139.2 USD million2024-12: 599,344.8 USD million2025-01: 600,431.6 USD million2025-02: 601,631.2 USD million2025-03: 604,021.2 USD million2025-04: 607,079.3 USD million2025-05: 610,481.9 USD million2025-06: 611,315.6 USD million2025-07: 612,665.8 USD million2025-08: 613,462.4 USD million2025-09: 613,988.8 USD million2025-10: 617,926.4 USD million2025-11: 621,461 USD million2025-12: 625,236.1 USD million2026-01: 626,175.3 USD million2026-02: 628,286 USD million2026-03: 629,773.2 USD million2026-04: 631,684.4 USD million2026-05: 635,292.7 USD million2026-06: 636,330.7 USD million2026-07: 634,358.2 USD million2026-08: 637,792.4 USD million2026-09: 642,467 USD million200K400K600K800K2015-012018-122022-112026-092026-09: 642,467 USD million
USD million. Source: Federal Reserve Board, 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 2026-10-16, published 2026-10-16.
All 141 values
PeriodUSD million
2026-09642,467
2026-08637,792.4
2026-07634,358.2
2026-06636,330.7
2026-05635,292.7
2026-04631,684.4
2026-03629,773.2
2026-02628,286
2026-01626,175.3
2025-12625,236.1
2025-11621,461
2025-10617,926.4
2025-09613,988.8
2025-08613,462.4
2025-07612,665.8
2025-06611,315.6
2025-05610,481.9
2025-04607,079.3
2025-03604,021.2
2025-02601,631.2
2025-01600,431.6
2024-12599,344.8
2024-11600,139.2
2024-10598,447.8
2024-09597,056.7
2024-08595,848.4
2024-07595,581.6
2024-06595,611.1
2024-05595,950
2024-04593,812.9
2024-03590,934.9
2024-02587,895.9
2024-01584,874.5
2023-12580,269.4
2023-11579,486.4
2023-10578,005.4
2023-09575,951
2023-08575,069
2023-07569,005.2
2023-06566,822.9
2023-05565,294.3
2023-04563,692.9
2023-03571,294.9
2023-02577,907.3
2023-01571,606.8
2022-12569,030.7
2022-11524,626.5
2022-10519,545.3
2022-09511,601.3
2022-08505,206.8
2022-07494,881.9
2022-06484,673.1
2022-05475,425.9
2022-04468,600.2
2022-03460,917.6
2022-02455,327.2
2022-01452,483.8
2021-12444,950.1
2021-11438,495.3
2021-10433,886.6
2021-09435,013.9
2021-08431,328.4
2021-07429,192.3
2021-06426,004.5
2021-05423,962.1
2021-04422,018.9
2021-03421,242.7
2021-02420,844.3
2021-01420,872.2
2020-12418,719.7
2020-11419,812
2020-10418,371.2
2020-09417,383.8
2020-08415,811
2020-07414,410
2020-06414,593.3
2020-05413,918
2020-04411,835.6
2020-03408,982.3
2020-02404,691.9
2020-01400,869.5
2019-12397,786.5
2019-11386,441.2
2019-10383,313.4
2019-09380,077
2019-08377,002.7
2019-07374,613.6
2019-06372,505.9
2019-05371,049.1
2019-04365,004.8
2019-03362,840.2
2019-02361,932.5
2019-01358,876.3
2018-12356,521.3
2018-11356,619.9
2018-10354,825.3
2018-09351,735
2018-08348,739.6
2018-07346,827.1
2018-06344,475
2018-05342,199.7
2018-04340,814.1
2018-03338,331.1
2018-02335,762.1
2018-01334,272.8
2017-12332,090
2017-11329,317.8
2017-10325,996.2
2017-09322,183.9
2017-08323,157.4
2017-07324,269.4
2017-06321,307.9
2017-05319,200
2017-04318,178.9
2017-03316,344.2
2017-02313,789.5
2017-01311,671.6
2016-12309,175.4
2016-11307,432.7
2016-10304,816.4
2016-09301,361.7
2016-08297,118
2016-07295,154.5
2016-06291,487.6
2016-05287,755.5
2016-04283,097
2016-03280,333.6
2016-02278,343.5
2016-01275,084.2
2015-12271,668.5
2015-11266,880.1
2015-10263,588.6
2015-09260,569.6
2015-08256,680.5
2015-07252,266.9
2015-06248,131.3
2015-05245,881.7
2015-04243,837.2
2015-03241,058.1
2015-02234,811.1
2015-01232,157.9

Revision history

The September 2026 figure was revised once after Invokely first recorded it, from $641.57 billion to $642.47 billion.

Periods with a revised value or a changed status, newest first. Values in USD million; dates are when Invokely recorded each version (UTC).
PeriodFirst recordedLatestRevisionsStatus changesFirst recorded onLast revised on
September 2026641,566.9642,46710
August 2026637,816637,792.410
July 2026634,396.3634,358.210
June 2026636,330.3636,330.710

Every version, with its dates and source, is available through the get_revisions tool and the /api/v1/revisions endpoint. Methodology

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.

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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

The publisher is the author. Invokely is named only as the place the figures were read, where a style asks for it.

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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