The lending volume represented a 1 percent decrease from 2019’s record level, according to MBA’s latest report.

This indicator grew by $44.6 billion, according to MBA’s latest report.

The multifamily sector saw the smallest year-over-year decline of any property category, according to MBA’s latest survey.

Last year’s $364.4 billion in multifamily lending volume is a 7 percent increase from the previous record set in 2018.

The May numbers were unexpectedly positive, but still leave the job market 13 percent smaller than pre-COVID-19 levels, reports MBA’s Jamie Woodwell.