Edmonton Mortgage
Information, Statisitics & Reports
Information, Statisitics & Reports
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2010: | * 3.36% | * 0.15% |
| 2009: | 17.52% | 0.80% |
| 2008: | 14.47% | 0.66% |
| 2007: | 15.92% | 0.72% |
| 2006: | 15.19% | 0.69% |
| 2005: | 9.97% | 0.45% |
| 2004: | 6.36% | 0.29% |
| 2003: | 8.06% | 0.37% |
| 2002: | 9.15% | 0.42% |
This graph illustrates CanEquity's individual monthly volume history for Internet mortgage applications sent from Edmonton, AB.
The 6-year bar graph below shows the volumes of applications received by CanEquity in each month for all years combined. The busiest months for mortgages from Edmonton occur during our first quarter (represented by the brown bars) with 30.39% while our slowest is the fourth quarter (represented by the red bars) with 17.93%.
| Rank | Month | Percentage of Inquiries | |
|---|---|---|---|
| 1: | January: | 10.8% | |
| 2: | March: | 10.4% | |
| 3: | April: | 10.0% | |
| 4: | June: | 9.8% | |
| 5: | February: | 9.2% | |
| 6: | May: | 9.2% | |
| 7: | July: | 7.8% | |
| 8: | August: | 7.5% | |
| 9: | September: | 7.4% | |
| 10: | October: | 7.4% | |
| 11: | November: | 5.7% | |
| 12: | December: | 4.8% |
The bar graph below displays the busy days for online applications that were received by CanEquity's web site. Each day represents a combined total of all occurrences of that day in the past 5 years. In Edmonton the busiest day, with 19.43% of all inquiries, is Tuesday. In comparison, Saturday's are the slowest day with only 9.51% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Tuesday: | 19.4% | |
| 2: | Monday: | 17.7% | |
| 3: | Wednesday: | 16.3% | |
| 4: | Friday: | 13.1% | |
| 5: | Thursday: | 13.1% | |
| 6: | Sunday: | 10.9% | |
| 7: | Saturday: | 9.5% |
| 1: | 009 on Wednesday, May 20, 2009. |
| 2: | 009 on Tuesday, March 25, 2008. |
| 3: | 007 on Tuesday, April 7, 2009. |
| 4: | 006 on Friday, September 16, 2005. |
| 5: | 006 on Monday, August 31, 2009. |
| 6: | 006 on Saturday, February 10, 2007. |
| 7: | 005 on Monday, February 5, 2007. |
| 8: | 005 on Wednesday, July 3, 2002. |
| 9: | 005 on Saturday, December 9, 2006. |
| 10: | 005 on Friday, June 1, 2007. |
In Edmonton, inquiries are received 24 hours a day on our web site. The graph shown below indicates the rush hours over a 24-hour period. The data is taken from all days of all years. Only 23.2% of all mortgages are received before noon, while 72.8% arrive in the afternoon.
| Time Period (24 Hour) | Percentage of Inquiries |
|---|---|
| 00:00 to 00:59: | 2.0% |
| 01:00 to 01:59: | 1.6% |
| 02:00 to 02:59: | 0.5% |
| 03:00 to 03:59: | 0.2% |
| 04:00 to 04:59: | 0.4% |
| 05:00 to 05:59: | 0.5% |
| 06:00 to 06:59: | 0.5% |
| 07:00 to 07:59: | 1.6% |
| 08:00 to 08:59: | 2.3% |
| 09:00 to 09:59: | 4.0% |
| 10:00 to 10:59: | 6.6% |
| 11:00 to 11:59: | 7.1% |
| 12:00 to 12:59: | 6.6% |
| 13:00 to 13:59: | 7.8% |
| 14:00 to 14:59: | 7.1% |
| 15:00 to 15:59: | 7.2% |
| 16:00 to 16:59: | 6.9% |
| 17:00 to 17:59: | 5.7% |
| 18:00 to 18:59: | 5.6% |
| 19:00 to 19:59: | 5.8% |
| 20:00 to 20:59: | 5.7% |
| 21:00 to 21:59: | 5.6% |
| 22:00 to 22:59: | 5.5% |
| 23:00 to 23:59: | 3.3% |
| Online Mortgage Origination for the Province of | Percentage of applications |
|---|---|
| Alberta: | 21.11% |
| British Columbia: | 10.88% |
| Manitoba: | 2.10% |
| New Brunswick: | 2.10% |
| Newfoundland and Labrador: | 1.14% |
| Nova Scotia: | 2.90% |
| 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% |
| Location | Contribution | |
|---|---|---|
| 001: | CALGARY, AB | 7.190% |
| 002: | EDMONTON, AB | 4.551% |
| 003: | RED DEER, AB | 0.619% |
| 004: | FORT MCMURRAY, AB | 0.567% |
| 005: | LETHBRIDGE, AB | 0.423% |
| 006: | SHERWOOD PARK, AB | 0.402% |
| 007: | GRANDE PRAIRIE, AB | 0.350% |
| 11 | Carvel, Alberta |
| 12 | Beaumont, Alberta |
| 13 | Ardrossan, Alberta |
| 14 | Redwater, Alberta |
| 15 | Calmar, Alberta |
| 16 | Onoway, Alberta |
| 17 | Leduc, Alberta |
| 18 | Bruderheim, Alberta |
| 19 | Kingman, Alberta |
| 20 | Tofield, Alberta |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Qualification: | 25.1% | |
| First-time Buyer: | 24.1% | |
| No Money Down: | 14.9% | |
| Refinance: | 11.2% | |
| Renewal: | 9.0% | |
| Purchase: | 6.8% | |
| Pre-approval: | 2.5% | |
| Variable Rate: | 2.5% | |
| Other: | 4% | |
| Total Application Types Found: 18 | ||
Average age: 35
Oldest age: 84
Youngest age: 19
The figures below represent the average income of applicants living in Edmonton who have applied for a mortgage loan using the CanEquity mortgage application.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Edmonton: | $57,550.93 |
| applicants within all of Canada: | $58,581.24 |
| Difference: | ($1,030.32) |
| mortgage co-applicants in Edmonton: | $41,688.59 |
| co-applicants within all of Canada: | $41,209.57 |
| Difference: | $479.02 |
The following depicts the residential status of people living in Edmonton who have applied for a mortgage using the CanEquity mortgage application.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 50.4% | |
| Own: | 33.6% | |
| Other: | 1.4% | |
| No Comment: | 10.4% | |
| Live with parents: | 4.0% |
The following pie chart represents the marital status of applicants from Edmonton, Alberta using the preapproval application found on canequity.com. Approximately 57% of the mortgage applicants are living together with someone, while only 42% are not living with someone.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 42.5% | |
| Single: | 34.0% | |
| Common-law: | 14.8% | |
| Divorced: | 4.7% | |
| Separated: | 3.5% | |
| Widowed: | 0.5% |
