Last report update for Provost: Sunday, March 21, 2010
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Provost Mortgages

Alberta Mortgage Statistics, Graphs and Charts

Map of Provost requires Adobe Flash Player 7 or higher.

Yearly Volume Comparison for Applications from Provost

Year Year to Year
Comparison
** National
Contribution
2008: 40.00% 0.01%
2007: 20.00% 0.00%
2006: 20.00% 0.00%
2004: 20.00% 0.00%

Note: ** Total national contribution of Provost mortgages in the past is currently 0.01% with a projected target of 0.01%.

Current City Standing within Alberta


Location Contribution
118:  VALLEYVIEW, AB 0.012%
119:  ANZAC, AB 0.012%
120:  FOX CREEK, AB 0.012%
121:  RED DEER COUNTY, AB 0.012%
122:  TILLEY, AB 0.012%
123:  PROVOST, AB 0.012%
124:  VAUXHALL, AB 0.012%
125:  IRRICANA, AB 0.012%
126:  CALMAR, AB 0.012%
127:  KILLAM, AB 0.009%
128:  FORESTBURG, AB 0.009%

Nearest Settlements


1Vermilion, Alberta


Product Popularity for Provost


Mortgage Application
Form Type
  Percentage
of Inquiries
Qualification: 60.0%
Refinance: 20.0%
First-time Buyer: 20.0%
 
Total Application Types Found: 3
 Provost Mortgage Product Popularity Pie Chart

Age Demographics for Provost Mortgage Applicants

Average age: 36
Oldest age: 45
Youngest age: 27


Incomes for Provost Mortgage Applicants

The following depicts the average income of people living in Provost who have applied for a mortgage loan using CanEquity's online mortgage application.

Average annual gross income for
mortgage applicants in Provost: $86,238.60
applicants within all of Canada: $58,592.40
Difference: $27,646.20
  

Since the average income of Provost is notability higher than our Canadian national average, we have included the MEDIAN annual gross income for this town. A reason for such a high average is usually due to a high income that is just under our cut-off of acceptable incomes of <$500,000. In rare cases, some applicants may have entered an extra digit (ie. 400000 instead of 40000), which will also sway the averages in smaller areas. In such a case, we will correct the data accordingly.

Median annual gross income for
mortgage applicants in Provost: $80,000.00
applicants within all of Canada: $58,592.40
Difference: $21,407.60

Note: Commercial loan amounts were not included for this survey, only residential loans were used.

Residential Status for Provost Mortgages

The pie chart below shows the residential status of people living in Provost who have applied for a mortgage using the pre-approval application on the CanEquity Mortgage web site.

Residential Status of
Mortgage Applicant
  Percentage
of Inquiries
Rent: 40.0%
Own: 60.0%
Provost Residential Status Pie Chart

Marital Status for Provost Mortgages

The information below shows the marital status of applicants from Provost, Alberta using the online mortgage application found at canequity.com. Over 80% of the mortgage applicants are living with someone, while only 20% are not married or separated.

Marital Status of
Mortgage Applicant
  Percentage
of Inquiries
Married: 80.0%
Single: 20.0%
Provost Marital Status Pie Chart