Growth in US CRE loans hits 11-year low – research
St Louis Fed study says developers responding to higher costs and lower demand
The growth in commercial real estate (CRE) loan issuance in the US hit an 11-year low during the final quarter of 2024, according to a study by the Federal Reserve Bank of St Louis.
The research, published on May 12, says the overall dollar value of CRE loans issued by US banks increased by only 0.14% between Q3 and Q4. “This was the slowest quarterly growth rate since the first quarter of 2013, when CRE lending shrank 0.17%,” the authors say.
The authors, Julianne Baer and Eldar Beiseitov, say
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