Last report update for Calgary: Wednesday, March 17, 2010
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Calgary Mortgages

Alberta Mortgage Statistics, Graphs and Charts

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Yearly Volume Comparison for Mortgage Inquiries from Calgary

Year Year to Year
Comparison
** National
Contribution
2010: * 3.96% * 0.28%
2009: 16.84% 1.21%
2008: 13.24% 0.95%
2007: 12.52% 0.90%
2006: 15.14% 1.09%
2005: 12.03% 0.86%
2004: 7.85% 0.56%
2003: 9.41% 0.68%
2002: 9.02% 0.65%

Note: * These values are the percentages up to Wednesday, March 17, 2010. Estimated volume targets for the entire 2010 year are 17.59% and 1.26% respectively. ** Total national contribution of Calgary mortgages in the past is currently 7.18% with a projected target of 8.16%.

Monthly Volume History for Mortgage Applications from Calgary

The graph below illustrates the individual monthly volume history for Internet mortgage pre-approval applications sent from Calgary, AB.


Monthly Volume Report for Calgary Mortgages

Busy Months for Mortgages within Calgary

The graph below represents the volumes of online applications received by CanEquity in each month for all years combined. The busiest months for mortgages from Calgary occur during our first quarter (represented by the brown bars) with 31.15% while our slowest is the fourth quarter (represented by the red bars) with 18.57%.

RankMonth Percentage
of Inquiries
1: January: 11.8%
2: March: 9.9%
3: May: 9.7%
4: February: 9.5%
5: April: 9.3%
6: June: 8.4%
7: July: 8.0%
8: August: 7.5%
9: September: 7.4%
10: October: 6.8%
11: November: 6.0%
12: December: 5.7%
Busy Months Report for Calgary Mortgages

Busy Days for Mortgage Inquiries within Calgary

The bar graph listed below illustrates the busy days for online inquiries that were received by the CanEquity web site. Each day represents a combined total of all occurrences of that day in the past 5 years. In Calgary the most busy day of the week, with 19.25% of all applications, is Monday. In comparison, Saturday's are the slowest day with only 7.71% of all inquiries.

Rank Day of the
Week
Percentage
of Inquiries
1: Monday: 19.3%
2: Tuesday: 18.6%
3: Wednesday: 17.6%
4: Thursday: 15.3%
5: Friday: 12.2%
6: Sunday: 9.3%
7: Saturday: 7.7%
Busy Days Report for Calgary Mortgages

Top 10 Days for Calgary Mortgage Inquiries


1: 008 on Thursday, April 30, 2009.
2: 008 on Monday, January 11, 2010.
3: 008 on Friday, May 22, 2009.
4: 008 on Wednesday, October 14, 2009.
5: 008 on Tuesday, May 19, 2009.
6: 007 on Tuesday, February 19, 2008.
7: 007 on Monday, January 12, 2009.
8: 007 on Sunday, February 27, 2005.
9: 007 on Monday, May 1, 2006.
10: 007 on Monday, January 7, 2008.

Note: These records do not include e-mails, contact forms, faxes, phone-ins or walk-ins.

Peak Hours for Mortgage Applicants within Calgary

In Calgary, applications are received 24 hours a day from the CanEquity web site. The statistics shown below indicates the peak hours in the day. The data is taken from all days of all years.


Time Period
(24 Hour)
Percentage
of Inquiries
00:00 to 00:59: 1.6%
01:00 to 01:59: 0.7%
02:00 to 02:59: 0.4%
03:00 to 03:59: 0.4%
04:00 to 04:59: 0.1%
05:00 to 05:59: 0.4%
06:00 to 06:59: 0.4%
07:00 to 07:59: 1.5%
08:00 to 08:59: 2.9%
09:00 to 09:59: 4.5%
10:00 to 10:59: 6.8%
11:00 to 11:59: 7.3%
12:00 to 12:59: 8.1%
13:00 to 13:59: 7.8%
14:00 to 14:59: 8.1%
15:00 to 15:59: 7.6%
16:00 to 16:59: 5.7%
17:00 to 17:59: 5.4%
18:00 to 18:59: 5.4%
19:00 to 19:59: 5.1%
20:00 to 20:59: 6.3%
21:00 to 21:59: 5.8%
22:00 to 22:59: 4.8%
23:00 to 23:59: 2.9%
Peak Hours Graph for Mortgages in Calgary

Alberta Mortgage Originations Compared to all other Provinces


Online Mortgage Origination
for the Province of
Percentage of
applications
Alberta 21.10%
British Columbia: 10.87%
Manitoba: 2.09%
New Brunswick: 2.10%
Newfoundland and Labrador: 1.15%
Nova Scotia: 2.91%
Northwest Territories: 0.32%
Nunavut: 0.08%
Ontario: 48.83%
Prince Edward Island: 0.44%
Quebec: 4.14%
Saskatchewan: 5.07%
Yukon Territories: 0.26%
Calgary Mortgages

Current City Standing within Alberta


Location Contribution
001:  CALGARY, AB 7.180%
002:  EDMONTON, AB 4.556%
003:  RED DEER, AB 0.617%
004:  FORT MCMURRAY, AB 0.568%
005:  LETHBRIDGE, AB 0.423%
006:  SHERWOOD PARK, AB 0.401%

Nearest Settlements


1Balzac, Alberta
2Airdrie, Alberta
3De Winton, Alberta
4Chestermere, Alberta
5Cochrane, Alberta
6Crossfield, Alberta
7Acme, Alberta
8Langdon, Alberta
9Bragg Creek, Alberta
10Carstairs, Alberta
11Carseland, Alberta
12Didsbury, Alberta
13Okotoks, Alberta
14Cremona, Alberta


Product Popularity for Calgary


Mortgage Application
Form Type
  Percentage
of Inquiries
Qualification: 26.3%
First-time Buyer: 19.5%
Refinance: 15.0%
Renewal: 11.5%
No Money Down: 9.5%
Purchase: 9.4%
Pre-approval: 2.3%
Variable Rate: 1.8%
Investment: 0.9%
Equity Mortgage: 0.9%
Other: 2.8%
 
Total Application Types Found: 17
 Calgary Mortgage Product Popularity Pie Chart

Age Demographics for Calgary Applicants

Average age: 36
Oldest age: 89
Youngest age: 19


Incomes for Calgary Applicants

The figures below represent the average income of applicants living in Calgary who have submitted an inquiry using the online application located at the CanEquity web site.

Average annual gross income for
mortgage applicants in Calgary: $65,487.02
applicants within all of Canada: $58,582.39
Difference: $6,904.63
  
mortgage co-applicants in Calgary: $44,657.04
co-applicants within all of Canada: $41,225.82
Difference: $3,431.22

Note: Commercial loan amounts were not included for this section, only residential mortgage loans were used.

Residential Status for Calgary Mortgage Applicants

The chart and pie-graph below depicts the residential status of people living in Calgary who have applied for a loan using the pre-approval application on CanEquity's web site.

Residential Status of
Mortgage Applicant
  Percentage
of Inquiries
Rent: 40.1%
Own: 44.8%
Other: 2.1%
No Comment: 9.6%
Live with parents: 3.4%
Calgary Residential Status Pie Chart

Marital Status for Calgary Mortgage Applicants

The information below shows the marital status of applicants from Calgary, Alberta using the mortgage preapproval application found on the CanEquity Mortgage web site. In Calgary, 58% of the mortgage applicants are living common-law or married, while only 41% are single, separated or divorced.

Marital Status of
Mortgage Applicant
  Percentage
of Inquiries
Married: 45.8%
Single: 33.3%
Common-law: 12.4%
Divorced: 4.3%
Separated: 3.6%
Widowed: 0.5%
Calgary Marital Status Pie Chart