Last report update for Spruce Grove: Sunday, February 7, 2010
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Spruce Grove Mortgages

Alberta Mortgage Statistics, Graphs and Charts

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Yearly Volume Comparison for Mortgages from Spruce Grove

Year Year to Year
Comparison
** National
Contribution
2010: * 3.37% * 0.01%
2009: 19.10% 0.04%
2008: 16.85% 0.04%
2007: 17.98% 0.04%
2006: 14.61% 0.03%
2005: 14.61% 0.03%
2004: 3.37% 0.01%
2003: 3.37% 0.01%
2002: 6.74% 0.01%

Note: * These values are the percentages up to Sunday, February 7, 2010. Estimated volume targets for the entire 2010 year are 29.22% and 0.06% respectively. ** Total national contribution of Spruce Grove mortgages in the past is currently 0.21% with a projected target of 0.27%.

Busy Months for Mortgages within Spruce Grove

The following illustrates the volumes of mortgage applications received by CanEquity in each month for all years combined. The busiest months for mortgages from Spruce Grove occur during our first quarter (represented by the brown bars) with 33.71% while our slowest is the second quarter (represented by the green bars) with 20.22%.

RankMonth Percentage
of Inquiries
1: January: 13.5%
2: March: 12.4%
3: July: 10.1%
4: August: 10.1%
5: December: 9.0%
6: June: 9.0%
7: February: 7.9%
8: October: 7.9%
9: May: 6.7%
10: November: 5.6%
11: April: 4.5%
12: September: 3.4%
Busy Months Report for Spruce Grove Mortgages

Busy Days for Online Applications within Spruce Grove

The bar graph listed below plots the busy days for Internet mortgage 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 Spruce Grove the busiest day, with 22.47% of all applications, is Monday. In comparison, Wednesday's are the slowest day with only 11.24% of all inquiries.

Rank Day of the
Week
Percentage
of Inquiries
1: Monday: 22.5%
2: Friday: 14.6%
3: Tuesday: 13.5%
4: Sunday: 13.5%
5: Thursday: 12.4%
6: Saturday: 12.4%
7: Wednesday: 11.2%
Busy Days Report for Spruce Grove Mortgages

Peak Hours for Mortgages within Spruce Grove

Mortgage inquiries are received 24 hours a day from the CanEquity web site. The graph shown below indicates the peak hours in the day. The data is taken from all days of all years.


Time Period
(24 Hour)
Percentage
of Inquiries
00:00 to 00:59: 1.1%
01:00 to 01:59: 1.1%
06:00 to 06:59: 1.1%
08:00 to 08:59: 4.5%
09:00 to 09:59: 6.7%
10:00 to 10:59: 3.4%
11:00 to 11:59: 6.7%
12:00 to 12:59: 4.5%
13:00 to 13:59: 5.6%
14:00 to 14:59: 9.0%
15:00 to 15:59: 5.6%
16:00 to 16:59: 3.4%
17:00 to 17:59: 9.0%
18:00 to 18:59: 7.9%
19:00 to 19:59: 6.7%
20:00 to 20:59: 7.9%
21:00 to 21:59: 10.1%
22:00 to 22:59: 4.5%
23:00 to 23:59: 1.1%
Peak Hours Graph for Mortgages in Spruce Grove

Note: Only hours that have had mortgages from Spruce Grove, Alberta are shown.

Alberta Mortgage Originations Compared to all other Provinces


Online Mortgage Origination
for the Province of
Percentage of
applications
Alberta 21.14%
British Columbia: 10.92%
Manitoba: 2.10%
New Brunswick: 2.10%
Newfoundland and Labrador: 1.14%
Nova Scotia: 2.89%
Northwest Territories: 0.31%
Nunavut: 0.09%
Ontario: 48.84%
Prince Edward Island: 0.43%
Quebec: 4.05%
Saskatchewan: 5.08%
Yukon Territories: 0.25%
Spruce Grove Mortgages

Current City Standing within Alberta


Location Contribution
007:  GRANDE PRAIRIE, AB 0.355%
008:  ST ALBERT, AB 0.316%
009:  MEDICINE HAT, AB 0.307%
010:  AIRDRIE, AB 0.273%
011:  OKOTOKS, AB 0.223%
012:  SPRUCE GROVE, AB 0.213%
013:  BROOKS, AB 0.201%
014:  WHITECOURT, AB 0.153%
015:  STONY PLAIN, AB 0.144%
016:  COLD LAKE, AB 0.139%
017:  SYLVAN LAKE, AB 0.120%

Nearest Settlements


1Stony Plain, Alberta
2St Albert, Alberta
3Edmonton, Alberta
4Devon, Alberta
5Carvel, Alberta
6Lancaster Park, Alberta
7Morinville, Alberta
8Beaumont, Alberta
9Sherwood Park, Alberta
10Gibbons, Alberta
11Calmar, Alberta
12Onoway, Alberta
13Bon Accord, Alberta
14Leduc, Alberta
15Alberta Beach, Alberta
16Breton, Alberta
17Fort Saskatchewan, Alberta
18Thorsby, Alberta


Product Popularity for Spruce Grove


Mortgage Application
Form Type
  Percentage
of Inquiries
Qualification: 31.5%
Renewal: 14.6%
Purchase: 13.5%
First-time Buyer: 12.4%
Refinance: 12.4%
No Money Down: 6.7%
Pre-approval: 4.5%
Second Mortgage: 1.1%
Equity Mortgage: 1.1%
Investment: 1.1%
Home Renovation: 1.1%
 
Total Application Types Found: 11
 Spruce Grove Mortgage Product Popularity Pie Chart

Age Demographics for Spruce Grove Applicants

Average age: 36
Oldest age: 64
Youngest age: 20


Incomes for Spruce Grove Applicants

The amounts below are the average income of Canadians living in Spruce Grove who have submitted an inquiry using the pre-approval application on CanEquity's web site.

Average annual gross income for
mortgage applicants in Spruce Grove: $74,982.44
applicants within all of Canada: $58,448.42
Difference: $16,534.02
  
mortgage co-applicants in Spruce Grove: $42,643.13
co-applicants within all of Canada: $41,110.46
Difference: $1,532.67

Note: Commercial Mortgage loans were not included for this survey, only residential mortgages from Spruce Grove, Alberta were used.

Residential Status for Spruce Grove Mortgage Applicants

The information shown below represents the residential status of people living in Spruce Grove who have submitted an inquiry using the online application located at the CanEquity web site.

Residential Status of
Mortgage Applicant
  Percentage
of Inquiries
Rent: 36.0%
Own: 53.9%
Other: 1.1%
No Comment: 6.7%
Live with parents: 2.2%
Spruce Grove Residential Status Pie Chart

Marital Statistics for Spruce Grove Mortgage Applicants

The following pie chart represents the marital status of applicants from Spruce Grove, Alberta using the mortgage application located at the CanEquity web site. Approximately 65% of the mortgage applicants are either married or living common-law, while only 34% are not married or separated.

Marital Status of
Mortgage Applicant
  Percentage
of Inquiries
Married: 57.3%
Single: 28.1%
Common-law: 7.9%
Separated: 4.5%
Divorced: 2.2%
Spruce Grove Marital Status Pie Chart