The value of mortgage debt outstanding on commercial property in the United States has increased year-on-year since 2012. From 2.2 trillion U.S. dollars in 2012, the value of commercial mortgage debt outstanding reached 3.84 trillion U.S. dollars in 2024. After the residential sector, commercial property accounted for the second-largest share of the total mortgage debt outstanding.
Value of mortgage debt outstanding on commercial property in the United States from 2001 to 2024
(in trillion U.S. dollars)
Characteristic
Mortgage debt in trillion U.S. dollars
2024
3.84
2023
3.76
2022
3.64
2021
3.3
2020
3.1
2019
2.97
2018
2.83
2017
2.72
2016
2.63
2015
2.49
2014
2.36
2013
2.26
2012
2.22
Created with Highcharts 7.2.2Mortgage debt in trillion U.S. dollars200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024
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Federal Reserve. (March 13, 2025). Value of mortgage debt outstanding on commercial property in the United States from 2001 to 2024 (in trillion U.S. dollars) [Graph]. In Statista. Retrieved May 13, 2025, from https://www.statista.com/statistics/274644/mortgage-debt-outstanding-on-nonfarm-nonresidential-us-property/
Federal Reserve. "Value of mortgage debt outstanding on commercial property in the United States from 2001 to 2024 (in trillion U.S. dollars)." Chart. March 13, 2025. Statista. Accessed May 13, 2025. https://www.statista.com/statistics/274644/mortgage-debt-outstanding-on-nonfarm-nonresidential-us-property/
Federal Reserve. (2025). Value of mortgage debt outstanding on commercial property in the United States from 2001 to 2024 (in trillion U.S. dollars). Statista. Statista Inc.. Accessed: May 13, 2025. https://www.statista.com/statistics/274644/mortgage-debt-outstanding-on-nonfarm-nonresidential-us-property/
Federal Reserve. "Value of Mortgage Debt Outstanding on Commercial Property in The United States from 2001 to 2024 (in Trillion U.S. Dollars)." Statista, Statista Inc., 13 Mar 2025, https://www.statista.com/statistics/274644/mortgage-debt-outstanding-on-nonfarm-nonresidential-us-property/
Federal Reserve, Value of mortgage debt outstanding on commercial property in the United States from 2001 to 2024 (in trillion U.S. dollars) Statista, https://www.statista.com/statistics/274644/mortgage-debt-outstanding-on-nonfarm-nonresidential-us-property/ (last visited May 13, 2025)
Value of mortgage debt outstanding on commercial property in the United States from 2001 to 2024 (in trillion U.S. dollars) [Graph], Federal Reserve, March 13, 2025. [Online]. Available: https://www.statista.com/statistics/274644/mortgage-debt-outstanding-on-nonfarm-nonresidential-us-property/
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