Last report update for Calgary: Tuesday, June 30, 2009
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Calgary Mortgages

Alberta Mortgage Statistics, Graphs and Charts

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Yearly Volume Comparison for Applications from Calgary

Year Year to Year
Comparison
** National
Contribution
2009: * 11.86% * 0.86%
2008: 14.73% 1.08%
2007: 13.93% 1.02%
2006: 16.84% 1.23%
2005: 13.39% 0.98%
2004: 8.73% 0.64%
2003: 10.48% 0.76%
2002: 10.04% 0.73%

Note: * These values are the percentages up to Tuesday, June 30, 2009. Estimated volume targets for the entire 2009 year are 22.15% and 1.62% respectively. ** Total national contribution of Calgary mortgages in the past is currently 7.30% with a projected target of 8.05%.

Monthly Volume History for Mortgages Originating from Calgary

This bar graph shows the individual monthly volume history for Internet applications originating from Calgary, AB.


Monthly Volume Report for Calgary Mortgages

Busy Months for Applications within Calgary

The 6-year bar graph below shows the volumes of online applications received by CanEquity in each month for all years combined. The busiest months for mortgages from Calgary seem to occur during our second quarter (represented by the green bars) with 30.41% while our slowest is the fourth quarter (represented by the red bars) with 17.21%.

RankMonth Percentage
of Inquiries
1: January: 10.9%
2: May: 10.8%
3: April: 10.3%
4: March: 10.2%
5: June: 9.3%
6: February: 9.2%
7: July: 7.7%
8: September: 7.2%
9: August: 7.2%
10: October: 6.4%
11: November: 5.6%
12: December: 5.2%
Busy Months Report for Calgary Mortgages

Busy Days for Online Mortgages within Calgary

The graph below displays the busy days for online applications that were received by CanEquity's web site. Each day is a representation of the combined 6-year total of all instances of that day. In Calgary the busiest day, with approximately 19.32% of all applications, is Monday. In comparison, Saturday's are the slowest day with only 7.49% of all inquiries.

Rank Day of the
Week
Percentage
of Inquiries
1: Monday: 19.3%
2: Tuesday: 19.0%
3: Wednesday: 17.3%
4: Thursday: 14.9%
5: Friday: 12.2%
6: Sunday: 9.8%
7: Saturday: 7.5%
Busy Days Report for Calgary Mortgages

Top 10 Days for Calgary Mortgage Inquiries


1: 008 on Thursday, April 30, 2009.
2: 008 on Friday, May 22, 2009.
3: 008 on Tuesday, May 19, 2009.
4: 007 on Tuesday, February 19, 2008.
5: 007 on Monday, January 12, 2009.
6: 007 on Sunday, February 27, 2005.
7: 007 on Monday, May 1, 2006.
8: 007 on Monday, January 7, 2008.
9: 007 on Wednesday, January 28, 2009.
10: 007 on Tuesday, March 27, 2007.

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, mortgages are received 24 hours a day from the CanEquity web site. The statistics shown below represents the rush hours within a 24-hour period. The data is taken from all days of all years.


Time Period
(24 Hour)
Percentage
of Inquiries
00:00 to 00:59: 1.5%
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: 1.6%
08:00 to 08:59: 2.9%
09:00 to 09:59: 4.4%
10:00 to 10:59: 6.5%
11:00 to 11:59: 7.3%
12:00 to 12:59: 8.0%
13:00 to 13:59: 7.9%
14:00 to 14:59: 8.1%
15:00 to 15:59: 7.3%
16:00 to 16:59: 5.8%
17:00 to 17:59: 5.6%
18:00 to 18:59: 5.4%
19:00 to 19:59: 5.2%
20:00 to 20:59: 6.4%
21:00 to 21:59: 6.1%
22:00 to 22:59: 4.8%
23:00 to 23:59: 2.8%
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 21.30%
British Columbia: 10.98%
Manitoba: 2.11%
New Brunswick: 2.03%
Newfoundland and Labrador: 1.13%
Nova Scotia: 2.79%
Northwest Territories: 0.32%
Nunavut: 0.09%
Ontario: 48.98%
Prince Edward Island: 0.40%
Quebec: 3.87%
Saskatchewan: 5.19%
Yukon Territories: 0.22%
Calgary Mortgages

Current City Standing within Alberta


Location Contribution
001:  CALGARY, AB 7.295%
002:  EDMONTON, AB 4.644%
003:  RED DEER, AB 0.653%
004:  FORT MCMURRAY, AB 0.555%
005:  LETHBRIDGE, AB 0.409%
006:  SHERWOOD PARK, AB 0.409%

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: 19.8%
Refinance: 15.3%
Renewal: 11.3%
No Money Down: 9.3%
Purchase: 8.8%
Pre-approval: 2.3%
Variable Rate: 2.0%
Investment: 1.0%
Equity Mortgage: 0.9%
Other: 2.9%
 
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 numbers below represent the average income of people living in Calgary who have submitted a mortgage inquiry using the pre-approval application on CanEquity's web site.

Average annual gross income for
mortgage applicants in Calgary: $64,074.62
applicants within all of Canada: $57,862.36
Difference: $6,212.26
  
mortgage co-applicants in Calgary: $44,250.09
co-applicants within all of Canada: $40,715.88
Difference: $3,534.21

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

Residential Status for Calgary Applicants

The chart and pie-graph below depicts the residential status of people living in Calgary who have applied for a mortgage using CanEquity's online mortgage application.

Residential Status of
Mortgage Applicant
  Percentage
of Inquiries
Rent: 40.1%
Own: 43.7%
Other: 2.0%
No Comment: 10.7%
Live with parents: 3.6%
Calgary Residential Status Pie Chart

Marital Status for Calgary Applicants

The pie chart below represents the marital status of applicants from Calgary, Alberta using the preapproval application found at canequity.com. In Calgary, over 58% of the mortgage applicants are living together with someone, while only 41% are single or separated.

Marital Status of
Mortgage Applicant
  Percentage
of Inquiries
Married: 45.6%
Single: 33.5%
Common-law: 12.5%
Divorced: 4.1%
Separated: 3.7%
Widowed: 0.6%
Calgary Marital Status Pie Chart