Last report update for Calgary: Thursday, May 8, 2008
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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
2008: * 8.57% * 0.63%
2007: 17.36% 1.27%
2006: 20.99% 1.54%
2005: 16.68% 1.22%
2004: 10.88% 0.80%
2003: 13.06% 0.96%
2002: 12.47% 0.91%

Note: * These values are the percentages up to Thursday, May 8, 2008. Estimated volume targets for the entire 2008 year are 22.44% and 1.64% respectively. ** Total national contribution of Calgary mortgages in the past is currently 7.33% with a projected target of 8.34%.

Monthly Volume History for Mortgage Inquiries from Calgary

The following depicts the individual monthly volume history for Internet applications sent from Calgary, AB.


Monthly Volume Report for Calgary Mortgages

Busy Months for Mortgage Applications within Calgary

The bar graph below illustrates the volumes of Web 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 30.19% while our slowest is the fourth quarter (represented by the red bars) with 18.22%.

RankMonth Percentage
of Inquiries
1: January: 11.3%
2: April: 10.2%
3: March: 10.1%
4: May: 9.4%
5: February: 8.8%
6: June: 8.3%
7: July: 8.3%
8: August: 7.8%
9: September: 7.6%
10: October: 6.9%
11: November: 6.1%
12: December: 5.2%
Busy Months Report for Calgary Mortgages

Busy Days for Mortgages within Calgary

The data below shows the busy days for online inquiries that were received by CanEquity. Each day is a total combined representation of the last 5 years of all occurrences of that day. In Calgary the busiest day, with 19.45% of all inquiries, 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: 19.4%
2: Tuesday: 18.9%
3: Wednesday: 16.6%
4: Thursday: 15.2%
5: Friday: 12.2%
6: Sunday: 10.0%
7: Saturday: 7.7%
Busy Days Report for Calgary Mortgages

Top 10 Days for Calgary Mortgage Inquiries


1: 007 on Tuesday, February 19, 2008.
2: 007 on Sunday, February 27, 2005.
3: 007 on Monday, May 1, 2006.
4: 007 on Monday, January 7, 2008.
5: 007 on Tuesday, March 27, 2007.
6: 007 on Tuesday, January 17, 2006.
7: 007 on Monday, January 9, 2006.
8: 007 on Tuesday, January 10, 2006.
9: 007 on Friday, September 15, 2006.
10: 007 on Wednesday, July 4, 2007.

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

Peak Hours for Mortgages within Calgary

Mortgage applications are received 24 hours a day from our web site. The report shown below represents the rush 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: 0.5%
03:00 to 03:59: 0.5%
04:00 to 04:59: 0.1%
05:00 to 05:59: 0.4%
06:00 to 06:59: 0.5%
07:00 to 07:59: 1.6%
08:00 to 08:59: 2.7%
09:00 to 09:59: 4.6%
10:00 to 10:59: 6.0%
11:00 to 11:59: 7.1%
12:00 to 12:59: 7.9%
13:00 to 13:59: 7.5%
14:00 to 14:59: 8.0%
15:00 to 15:59: 7.1%
16:00 to 16:59: 6.1%
17:00 to 17:59: 6.0%
18:00 to 18:59: 5.2%
19:00 to 19:59: 4.9%
20:00 to 20:59: 6.6%
21:00 to 21:59: 6.6%
22:00 to 22:59: 4.5%
23:00 to 23:59: 3.2%
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 21.01%
British Columbia: 11.48%
Manitoba: 2.11%
New Brunswick: 2.02%
Newfoundland and Labrador: 1.12%
Nova Scotia: 2.77%
Northwest Territories: 0.30%
Nunavut: 0.08%
Ontario: 48.63%
Prince Edward Island: 0.36%
Quebec: 3.80%
Saskatchewan: 5.60%
Yukon Territories: 0.21%
Calgary Mortgages

Current City Standing within Alberta


Location Contribution
001:  CALGARY, AB 7.326%
002:  EDMONTON, AB 4.603%
003:  RED DEER, AB 0.601%
004:  FORT MCMURRAY, AB 0.508%
005:  LETHBRIDGE, AB 0.428%
006:  SHERWOOD PARK, AB 0.428%

Nearest Settlements


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


Product Popularity for Calgary


Mortgage Application
Form Type
  Percentage
of Inquiries
Qualification: 27.4%
First-time Buyer: 20.1%
Refinance: 16.7%
Renewal: 10.3%
No Money Down: 8.7%
Purchase: 7.8%
Pre-approval: 2.2%
Variable Rate: 2.0%
Investment: 0.9%
Fixed Rate: 0.9%
Other: 2.9%
 
Total Application Types Found: 17
 Calgary Mortgage Product Popularity Pie Chart

Age Demographics for Calgary Mortgages

Average age: 36
Oldest age: 85
Youngest age: 19


Incomes for Calgary Mortgages

The amounts shown below represent the average income of people living in Calgary who have submitted an inquiry using the pre-approval application on CanEquity's web site.

Average annual gross income for
mortgage applicants in Calgary: $61,364.59
applicants within all of Canada: $56,367.62
Difference: $4,996.97
  
mortgage co-applicants in Calgary: $42,256.83
co-applicants within all of Canada: $39,337.45
Difference: $2,919.38

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

Residential Status for Calgary Mortgages

The following depicts the residential status of people living in Calgary who have submitted a mortgage inquiry using the online application located at the CanEquity web site.

Residential Status of
Mortgage Applicant
  Percentage
of Inquiries
Rent: 40.0%
Own: 41.2%
Other: 2.0%
No Comment: 13.3%
Live with parents: 3.5%
Calgary Residential Status Pie Chart

Marital Status for Calgary Mortgages

The following pie chart represents the marital status of applicants from Calgary, Alberta using the mortgage preapproval application found on canequity.com. In Calgary, 58% of the mortgage applicants are either married or living common-law, while only 40% are single, separated or divorced.

Marital Status of
Mortgage Applicant
  Percentage
of Inquiries
Married: 46.4%
Single: 33.0%
Common-law: 12.4%
Divorced: 3.9%
Separated: 3.8%
Widowed: 0.5%
Calgary Marital Status Pie Chart