Last report update for Lake Louise: Wednesday, March 17, 2010
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Lake Louise Mortgage
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Banff
Canmore
Exshaw


Lake Louise Mortgages

Alberta Mortgage Statistics, Graphs and Charts

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Yearly Volume Comparison for Applications from Lake Louise

Year Year to Year
Comparison
** National
Contribution
2009: 42.86% 0.01%
2006: 14.29% 0.00%
2002: 42.86% 0.01%

Note: ** Total national contribution of Lake Louise mortgages in the past is currently 0.02% with a projected target of 0.02%.

Current City Standing within Alberta


Location Contribution
099:  SEXSMITH, AB 0.016%
100:  TURNER VALLEY, AB 0.016%
101:  MAYERTHORPE, AB 0.016%
102:  ELK POINT, AB 0.016%
103:  CORONATION, AB 0.016%
104:  LAKE LOUISE, AB 0.016%
105:  MYRNAM, AB 0.016%
106:  COALHURST, AB 0.014%
107:  BRAGG CREEK, AB 0.014%
108:  BLAIRMORE, AB 0.014%
109:  MAGRATH, AB 0.014%

Nearest Settlements


1Banff, Alberta
2Canmore, Alberta
3Exshaw, Alberta


Product Popularity for Lake Louise


Mortgage Application
Form Type
  Percentage
of Inquiries
First-time Buyer: 42.9%
Qualification: 28.6%
No Money Down: 14.3%
Pre-approval: 14.3%
 
Total Application Types Found: 4
 Lake Louise Mortgage Product Popularity Pie Chart

Age Demographics for Lake Louise Mortgages

Average age: 39
Oldest age: 57
Youngest age: 27


Incomes for Lake Louise Mortgages

The information below represents the average income of people living in Lake Louise who have submitted an inquiry using CanEquity's pre-approval application.

Average annual gross income for
mortgage applicants in Lake Louise: $67,000.00
applicants within all of Canada: $58,582.39
Difference: $8,417.61
  
mortgage co-applicants in Lake Louise: $26,000.00
co-applicants within all of Canada: $41,225.82
Difference: ($15,225.82)

Note: Commercial loans were not included for this survey, only residential mortgages from Lake Louise, Alberta were used.

Residential Status for Lake Louise Applicants

The pie chart below shows the residential status of people living in Lake Louise who have submitted an inquiry using the CanEquity mortgage application.

Residential Status of
Mortgage Applicant
  Percentage
of Inquiries
Rent: 42.9%
Own: 14.3%
No Comment: 42.9%
Lake Louise Residential Status Pie Chart

Marital Statistics for Lake Louise Applicants

The following table and pie chart represents the marital status of applicants from Lake Louise, Alberta using the mortgage application located at the CanEquity web site. In Lake Louise, approximately 71% of the mortgage applicants are living with someone, while only 28% are not married or separated.

Marital Status of
Mortgage Applicant
  Percentage
of Inquiries
Married: 57.1%
Single: 28.6%
Common-law: 14.3%
Lake Louise Marital Status Pie Chart