Last report update for Creston: Tuesday, May 6, 2008
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Related Links:
Cranbrook
Fruitvale
Jaffray
Kimberley
Marysville
Salmo

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Creston Mortgages

British Columbia Mortgage Statistics, Graphs and Charts

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Yearly Volume Comparison for Applications from Creston

Year Year to Year
Comparison
** National
Contribution
2008: * 21.43% * 0.01%
2007: 28.57% 0.01%
2006: 14.29% 0.01%
2005: 7.14% 0.00%
2004: 7.14% 0.00%
2003: 21.43% 0.01%

Note: * These values are the percentages up to Tuesday, May 6, 2008. Estimated volume targets for the entire 2008 year are 50.00% and 0.02% respectively. ** Total national contribution of Creston mortgages in the past is currently 0.05% with a projected target of 0.06%.

Current City Standing within British Columbia


Location Contribution
040:  CASTLEGAR, BC 0.053%
041:  SIDNEY, BC 0.053%
042:  PORT MOODY, BC 0.053%
043:  ALDERGROVE, BC 0.050%
044:  FORT NELSON, BC 0.050%
045:  CRESTON, BC 0.047%
046:  KITIMAT, BC 0.047%
047:  SPARWOOD, BC 0.047%
048:  MERRITT, BC 0.047%
049:  SQUAMISH, BC 0.047%
050:  WEST VANCOUVER, BC 0.047%

Nearest Settlements


1Salmo, British Columbia
2Cranbrook, British Columbia
3Marysville, British Columbia
4Jaffray, British Columbia
5Fruitvale, British Columbia
6Kimberley, British Columbia


Product Popularity for Creston


Mortgage Application
Form Type
  Percentage
of Inquiries
Refinance: 28.6%
Purchase: 21.4%
Fixed Rate: 14.3%
First-time Buyer: 14.3%
Qualification: 7.1%
No Money Down: 7.1%
Second Mortgage: 7.1%
 
Total Application Types Found: 7
 Creston Mortgage Product Popularity Pie Chart

Age Demographics for Creston Based Mortgages

Average age: 40
Oldest age: 55
Youngest age: 29


Incomes for Creston Based Mortgages

The numbers below represent the average income of applicants living in Creston who have applied for a mortgage loan using the pre-approval application on the CanEquity Mortgage web site.

Average annual gross income for
mortgage applicants in Creston: $39,095.00
applicants within all of Canada: $56,347.50
Difference: ($17,252.50)
  
mortgage co-applicants in Creston: $41,880.60
co-applicants within all of Canada: $39,330.70
Difference: $2,549.90

Note: Commercial Mortgages were not included for this survey, only home loans from Creston, British Columbia were used.

Residential Status for Creston Applicants

The pie chart below shows the residential status of people living in Creston who have applied for a loan using CanEquity's online mortgage application.

Residential Status of
Mortgage Applicant
  Percentage
of Inquiries
Rent: 14.3%
Own: 64.3%
Other: 7.1%
No Comment: 14.3%
Creston Residential Status Pie Chart

Marital Status for Creston Applicants

The following table and pie chart represents the marital status of applicants from Creston, British Columbia using the mortgage application found at canequity.com. 71% of the mortgage applicants are living together with someone, while only 28% are single or separated.

Marital Status of
Mortgage Applicant
  Percentage
of Inquiries
Married: 64.3%
Separated: 21.4%
Divorced: 7.1%
Common-law: 7.1%
Creston Marital Status Pie Chart