Enjoy complimentary access to top ideas and insights — selected by our editors.
Issuance of housing bonds for the first half of the year was at $22.243 billion in 357 issues, up 31.7% from 1H 2023’s figure of $16.891 billion in 381 issues.
Volume rose in both the first and second quarters, with the former rising to $9.695 billion in Q1, up 28.8% year-over-year, and the latter increasing to $12.547 billion, up 34% from Q2 2023.
Single-family housing issuance rose 60.9% to $14.015 billion in 1H 2023, while multifamily housing ticked up 0.6% to $8.227 billion.
Source: LSEG
| 2024 | 2023 | ||||
| Volume in millions | # issues | Volume in millions | # issues | Percent change | |
| Total | $22,242.60 | 357 | $16,891.10 | 381 | 31.70% |
| First Quarter | $9,695.40 | 143 | $7,529.30 | 179 | 28.80% |
| Second Quarter | $12,547.20 | 214 | $9,361.80 | 202 | 34% |
| Single-Family | $14,015.30 | 174 | $8,711.50 | 133 | 60.90% |
| Multifamily | $8,227.30 | 183 | $8,179.60 | 248 | 0.60% |
This article was originally published by Bondbuyer.com. Read the original article here.