Edmonton Mortgage
Information, Statisitics & Reports
Information, Statisitics & Reports
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| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2008: | * 9.94% | * 0.46% |
| 2007: | 22.17% | 1.02% |
| 2006: | 21.17% | 0.97% |
| 2005: | 13.90% | 0.64% |
| 2004: | 8.86% | 0.41% |
| 2003: | 11.23% | 0.52% |
| 2002: | 12.74% | 0.59% |
The graph below displays the individual monthly volume history for Internet mortgage pre-approval applications sent from Edmonton, AB.
The 6-year bar graph below shows the volumes of Internet applications received by CanEquity in each month for all years combined. The busiest months for mortgages from Edmonton mostly occur during our first quarter (represented by the brown bars) with 31.39% while our slowest is the fourth quarter (represented by the red bars) with 17.85%.
| Rank | Month | Percentage of Inquiries | |
|---|---|---|---|
| 1: | March: | 11.7% | |
| 2: | April: | 10.7% | |
| 3: | January: | 10.6% | |
| 4: | February: | 9.1% | |
| 5: | June: | 8.9% | |
| 6: | May: | 8.1% | |
| 7: | July: | 7.9% | |
| 8: | September: | 7.8% | |
| 9: | October: | 7.4% | |
| 10: | August: | 7.3% | |
| 11: | November: | 5.5% | |
| 12: | December: | 5.0% |
The data below displays the busy days for mortgage applications that were received by our 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 20.45% of all applications, is Tuesday. In comparison, Saturday's are the slowest day with only 10.30% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Tuesday: | 20.4% | |
| 2: | Monday: | 17.2% | |
| 3: | Wednesday: | 16.0% | |
| 4: | Friday: | 12.7% | |
| 5: | Thursday: | 12.6% | |
| 6: | Sunday: | 10.8% | |
| 7: | Saturday: | 10.3% |
| 1: | 009 on Tuesday, March 25, 2008. |
| 2: | 006 on Friday, September 16, 2005. |
| 3: | 006 on Saturday, February 10, 2007. |
| 4: | 005 on Monday, February 5, 2007. |
| 5: | 005 on Wednesday, July 3, 2002. |
| 6: | 005 on Saturday, December 9, 2006. |
| 7: | 005 on Friday, May 25, 2007. |
| 8: | 005 on Friday, June 1, 2007. |
| 9: | 005 on Wednesday, May 3, 2006. |
| 10: | 005 on Monday, July 31, 2006. |
Mortgage inquiries are received 24 hours a day on our web site. The following indicates the busy hours over 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: | 1.6% |
| 01:00 to 01:59: | 1.4% |
| 02:00 to 02:59: | 0.4% |
| 03:00 to 03:59: | 0.1% |
| 04:00 to 04:59: | 0.3% |
| 05:00 to 05:59: | 0.4% |
| 06:00 to 06:59: | 0.4% |
| 07:00 to 07:59: | 1.4% |
| 08:00 to 08:59: | 2.2% |
| 09:00 to 09:59: | 4.2% |
| 10:00 to 10:59: | 5.8% |
| 11:00 to 11:59: | 6.3% |
| 12:00 to 12:59: | 7.1% |
| 13:00 to 13:59: | 8.0% |
| 14:00 to 14:59: | 7.2% |
| 15:00 to 15:59: | 6.9% |
| 16:00 to 16:59: | 6.8% |
| 17:00 to 17:59: | 6.4% |
| 18:00 to 18:59: | 5.7% |
| 19:00 to 19:59: | 6.1% |
| 20:00 to 20:59: | 6.3% |
| 21:00 to 21:59: | 5.8% |
| 22:00 to 22:59: | 5.6% |
| 23:00 to 23:59: | 3.5% |
| 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: | 1.14% |
| Nova Scotia: | 2.78% |
| Northwest Territories: | 0.30% |
| Nunavut: | 0.08% |
| Ontario: | 48.62% |
| Prince Edward Island: | 0.35% |
| Quebec: | 3.80% |
| Saskatchewan: | 5.59% |
| Yukon Territories: | 0.21% |
| Location | Contribution | |
|---|---|---|
| 001: | CALGARY, AB | 7.339% |
| 002: | EDMONTON, AB | 4.598% |
| 003: | RED DEER, AB | 0.602% |
| 004: | FORT MCMURRAY, AB | 0.506% |
| 005: | LETHBRIDGE, AB | 0.430% |
| 006: | SHERWOOD PARK, AB | 0.430% |
| 007: | GRANDE PRAIRIE, AB | 0.357% |
| 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: | 27.4% | |
| First-time Buyer: | 23.8% | |
| No Money Down: | 13.1% | |
| Refinance: | 12.0% | |
| Renewal: | 8.5% | |
| Purchase: | 5.2% | |
| Variable Rate: | 2.8% | |
| Pre-approval: | 2.7% | |
| Investment: | 0.9% | |
| Other: | 3.6% | |
| Total Application Types Found: 17 | ||
Average age: 35
Oldest age: 84
Youngest age: 19
The following depicts the average income of people living in Edmonton who have applied for a mortgage loan using the online application located at the CanEquity web site.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Edmonton: | $54,086.57 |
| applicants within all of Canada: | $56,384.30 |
| Difference: | ($2,297.72) |
| mortgage co-applicants in Edmonton: | $39,417.90 |
| co-applicants within all of Canada: | $39,375.53 |
| Difference: | $42.37 |
The table and pie chart below represents the residential status of people living in Edmonton who have submitted a mortgage inquiry using the pre-approval application on CanEquity's web site.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 48.2% | |
| Own: | 31.5% | |
| Other: | 1.5% | |
| No Comment: | 14.5% | |
| Live with parents: | 4.2% |
The information below shows the marital status of applicants from Edmonton, Alberta using the online mortgage application located at the CanEquity web site. 57% of the mortgage applicants are either married or living common-law, while only 41% are not married or separated.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 42.0% | |
| Single: | 34.1% | |
| Common-law: | 15.5% | |
| Divorced: | 4.3% | |
| Separated: | 3.5% | |
| Widowed: | 0.5% |
