The balance of loans across the various sectors of the real estate market has remained notably stable in recent years, according to Tõnu Toompark on his adaur blog.
The only significant increase in the loan balance has been in the retail sector, Tõnu goes on.
There has however been a decrease in resources for the funding of residential space, Tõnu says.
This decline in the residential loan balance results from a decline in loan sales, which in 2011 came to a total of 45 million Euros.
This is less than several residential development projects’ finance quarterly turnover levels during the boom years, Tõnu says.
The full article (in Estonian) with diagrams illustrating loan balance and turnover, for residential, office, retail, industrial and other sectors, including loans to non-financially regulated companies, is available here.