Last report update for Sherwood Park: Sunday, March 14, 2010
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Sherwood Park Mortgages

Alberta Mortgage Statistics, Graphs and Charts

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Yearly Volume Comparison for Mortgages Originating from Sherwood Park

Year Year to Year
Comparison
** National
Contribution
2010: * 4.68% * 0.02%
2009: 14.62% 0.06%
2008: 14.04% 0.06%
2007: 11.70% 0.05%
2006: 11.70% 0.05%
2005: 14.04% 0.06%
2004: 8.77% 0.04%
2003: 8.77% 0.04%
2002: 11.70% 0.05%

Note: * These values are the percentages up to Sunday, March 14, 2010. Estimated volume targets for the entire 2010 year are 21.64% and 0.09% respectively. ** Total national contribution of Sherwood Park mortgages in the past is currently 0.40% with a projected target of 0.47%.

Monthly Volume History for Mortgages Received from Sherwood Park

The graph below shows the individual monthly volume history for Internet mortgage pre-approval applications received from Sherwood Park, AB.


Monthly Volume Report for Sherwood Park Mortgages

Busy Months for Mortgages within Sherwood Park

The following bar graph depicts the volumes of online mortgage applications received by CanEquity in each month for all years combined. The busiest months for mortgages from Sherwood Park occur during our first quarter (represented by the brown bars) with 38.01% while our slowest is the fourth quarter (represented by the red bars) with 15.79%.

RankMonth Percentage
of Inquiries
1: March: 15.2%
2: February: 14.6%
3: May: 13.4%
4: January: 8.2%
5: October: 7.6%
6: July: 7.0%
7: August: 7.0%
8: June: 7.0%
9: November: 5.8%
10: April: 5.8%
11: September: 5.8%
12: December: 2.3%
Busy Months Report for Sherwood Park Mortgages

Busy Days for Online Mortgages within Sherwood Park

The information listed below shows the busy days for online mortgage applications that were received by CanEquity's web site. Each day is a total combined representation of the last 5 years of all occurrences of that day. In Sherwood Park the busiest day, with approximately 23.98% of all inquiries, is Monday. In comparison, Saturday's are the slowest day with only 4.68% of all inquiries.

Rank Day of the
Week
Percentage
of Inquiries
1: Monday: 24.0%
2: Thursday: 17.5%
3: Wednesday: 17.0%
4: Tuesday: 16.4%
5: Friday: 12.3%
6: Sunday: 8.2%
7: Saturday: 4.7%
Busy Days Report for Sherwood Park Mortgages

Peak Hours for Applicants within Sherwood Park

In Sherwood Park, mortgages are received 24 hours a day from the CanEquity web site. The time periods below indicates the peak hours within 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: 0.6%
01:00 to 01:59: 1.8%
02:00 to 02:59: 0.6%
06:00 to 06:59: 0.6%
07:00 to 07:59: 1.8%
08:00 to 08:59: 2.3%
09:00 to 09:59: 8.2%
10:00 to 10:59: 6.4%
11:00 to 11:59: 8.2%
12:00 to 12:59: 4.7%
13:00 to 13:59: 7.0%
14:00 to 14:59: 7.6%
15:00 to 15:59: 5.8%
16:00 to 16:59: 8.2%
17:00 to 17:59: 6.4%
18:00 to 18:59: 5.8%
19:00 to 19:59: 5.8%
20:00 to 20:59: 6.4%
21:00 to 21:59: 5.8%
22:00 to 22:59: 2.9%
23:00 to 23:59: 2.9%
Peak Hours Graph for Mortgages in Sherwood Park

Note: Only hours that have had mortgages from Sherwood Park, Alberta are shown.

Alberta Mortgage Originations Compared to all other Provinces


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%
Sherwood Park Mortgages

Current City Standing within Alberta


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%
008:  ST ALBERT, AB 0.315%
009:  MEDICINE HAT, AB 0.303%
010:  AIRDRIE, AB 0.268%
011:  OKOTOKS, AB 0.240%

Nearest Settlements


1Beaumont, Alberta
2Edmonton, Alberta
3Ardrossan, Alberta
4Lancaster Park, Alberta
5Kingman, Alberta
6Spruce Grove, Alberta
7Leduc, Alberta
8St Albert, Alberta
9Tofield, Alberta
10Devon, Alberta
11Camrose, Alberta
12Fort Saskatchewan, Alberta
13Stony Plain, Alberta
14Bon Accord, Alberta
15Ryley, Alberta
16Morinville, Alberta
17Gibbons, Alberta


Product Popularity for Sherwood Park


Mortgage Application
Form Type
  Percentage
of Inquiries
Renewal: 18.7%
Refinance: 18.7%
Qualification: 17.5%
First-time Buyer: 17.0%
Purchase: 9.4%
No Money Down: 6.4%
Commercial: 2.3%
Investment: 2.3%
Variable Rate: 2.3%
Pre-approval: 1.8%
Low Doc: 1.2%
Second Mortgage: 1.2%
Other: 1.2%
 
Total Application Types Found: 14
 Sherwood Park Mortgage Product Popularity Pie Chart

Age Demographics for Sherwood Park Mortgages

Average age: 39
Oldest age: 84
Youngest age: 21


Incomes for Sherwood Park Mortgages

The amounts shown below represent the average income of Canadians living in Sherwood Park who have submitted a mortgage inquiry using CanEquity's online mortgage application.

Average annual gross income for
mortgage applicants in Sherwood Park: $70,670.21
applicants within all of Canada: $58,581.24
Difference: $12,088.97
  
mortgage co-applicants in Sherwood Park: $45,734.36
co-applicants within all of Canada: $41,209.57
Difference: $4,524.79

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

Residential Status for Sherwood Park Mortgage Applicants

The following table represents the residential status of people living in Sherwood Park who have submitted an inquiry using the CanEquity mortgage application.

Residential Status of
Mortgage Applicant
  Percentage
of Inquiries
Rent: 30.4%
Own: 48.5%
Other: 0.6%
No Comment: 18.1%
Live with parents: 2.3%
Sherwood Park Residential Status Pie Chart

Marital Statistics for Sherwood Park Mortgage Applicants

The following information represents the marital status of applicants from Sherwood Park, Alberta using the mortgage application found at the CanEquity web site. Over 71% of the mortgage applicants are living with someone, while only 28% are not living with someone.

Marital Status of
Mortgage Applicant
  Percentage
of Inquiries
Married: 60.2%
Single: 20.5%
Common-law: 11.7%
Separated: 4.1%
Divorced: 3.5%
Sherwood Park Marital Status Pie Chart