The value of mortgage debt outstanding on multifamily residences in the United States has increased substantially in recent years. In 2024, the multifamily mortgage debt outstanding reached over 2.3 trillion U.S. dollars, which was about ten percent of the total mortgage debt outstanding.
Value of mortgage debt outstanding on multifamily residences in the United States from 2001 to 2024
(in billion U.S. dollars)
Characteristic
Mortgage debt in billion U.S. dollars
2024
2,312.8
2023
2,198.7
2022
2,047.1
2021
1,884.9
2020
1,754.6
2019
1,622.4
2018
1,489.5
2017
1,363.1
2016
1,236.3
2015
1,095
2014
993.19
2013
925.35
2012
888.79
Created with Highcharts 7.2.2Mortgage debt in billion U.S. dollars200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024
05001,0001,5002,0002,5003,000
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Federal Reserve. (March 13, 2025). Value of mortgage debt outstanding on multifamily residences in the United States from 2001 to 2024 (in billion U.S. dollars) [Graph]. In Statista. Retrieved May 14, 2025, from https://www.statista.com/statistics/274642/mortgage-debt-outstanding-on-us-multifamily-residences/
Federal Reserve. "Value of mortgage debt outstanding on multifamily residences in the United States from 2001 to 2024 (in billion U.S. dollars)." Chart. March 13, 2025. Statista. Accessed May 14, 2025. https://www.statista.com/statistics/274642/mortgage-debt-outstanding-on-us-multifamily-residences/
Federal Reserve. (2025). Value of mortgage debt outstanding on multifamily residences in the United States from 2001 to 2024 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: May 14, 2025. https://www.statista.com/statistics/274642/mortgage-debt-outstanding-on-us-multifamily-residences/
Federal Reserve. "Value of Mortgage Debt Outstanding on Multifamily Residences in The United States from 2001 to 2024 (in Billion U.S. Dollars)." Statista, Statista Inc., 13 Mar 2025, https://www.statista.com/statistics/274642/mortgage-debt-outstanding-on-us-multifamily-residences/
Federal Reserve, Value of mortgage debt outstanding on multifamily residences in the United States from 2001 to 2024 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/274642/mortgage-debt-outstanding-on-us-multifamily-residences/ (last visited May 14, 2025)
Value of mortgage debt outstanding on multifamily residences in the United States from 2001 to 2024 (in billion U.S. dollars) [Graph], Federal Reserve, March 13, 2025. [Online]. Available: https://www.statista.com/statistics/274642/mortgage-debt-outstanding-on-us-multifamily-residences/
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