North Vancouver Mortgage
Information, Statisitics & Reports
Information, Statisitics & Reports
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2010: | * 2.73% | * 0.01% |
| 2009: | 18.18% | 0.05% |
| 2008: | 10.91% | 0.03% |
| 2007: | 8.18% | 0.02% |
| 2006: | 10.91% | 0.03% |
| 2005: | 13.64% | 0.04% |
| 2004: | 15.46% | 0.04% |
| 2003: | 10.91% | 0.03% |
| 2002: | 9.09% | 0.02% |
The 6-year bar graph below shows the volumes of Internet applications received by CanEquity in each month for all years combined. The busiest months for mortgages from North Vancouver happen to occur during our first quarter (represented by the brown bars) with 30.00% while our slowest is the fourth quarter (represented by the red bars) with 15.45%.
| Rank | Month | Percentage of Inquiries | |
|---|---|---|---|
| 1: | January: | 14.6% | |
| 2: | July: | 13.6% | |
| 3: | April: | 10.9% | |
| 4: | September: | 10.9% | |
| 5: | February: | 9.1% | |
| 6: | June: | 8.2% | |
| 7: | March: | 6.4% | |
| 8: | May: | 5.5% | |
| 9: | December: | 5.5% | |
| 10: | August: | 5.5% | |
| 11: | October: | 5.5% | |
| 12: | November: | 4.5% |
The graph listed below illustrates the busy days for online inquiries that were received by our web site. A combined total of all occurrences of each day are represented for the past 5 years. In North Vancouver the busiest day, with 19.09% of all inquiries, is Thursday. In comparison, Saturday's are the slowest day with only 10.91% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Thursday: | 19.1% | |
| 2: | Tuesday: | 17.3% | |
| 3: | Friday: | 15.4% | |
| 4: | Wednesday: | 15.4% | |
| 5: | Monday: | 10.9% | |
| 6: | Sunday: | 10.9% | |
| 7: | Saturday: | 10.9% |
North Vancouver mortgage applications are received 24 hours a day via the CanEquity web site. The following indicates the peak hours over a 24-hour period. The data is taken from all days of all years. Only 14.5% of all mortgages are received during the morning, while 80.0% arrive in the afternoon.
| Time Period (24 Hour) | Percentage of Inquiries |
|---|---|
| 00:00 to 00:59: | 3.6% |
| 01:00 to 01:59: | 0.9% |
| 02:00 to 02:59: | 0.9% |
| 05:00 to 05:59: | 0.9% |
| 07:00 to 07:59: | 1.8% |
| 08:00 to 08:59: | 1.8% |
| 09:00 to 09:59: | 2.7% |
| 10:00 to 10:59: | 1.8% |
| 11:00 to 11:59: | 5.5% |
| 12:00 to 12:59: | 8.2% |
| 13:00 to 13:59: | 9.1% |
| 14:00 to 14:59: | 10.9% |
| 15:00 to 15:59: | 5.5% |
| 16:00 to 16:59: | 4.5% |
| 17:00 to 17:59: | 8.2% |
| 18:00 to 18:59: | 4.5% |
| 19:00 to 19:59: | 8.2% |
| 20:00 to 20:59: | 7.3% |
| 21:00 to 21:59: | 4.5% |
| 22:00 to 22:59: | 6.4% |
| 23:00 to 23:59: | 2.7% |
| 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% |
| Location | Contribution | |
|---|---|---|
| 006: | ABBOTSFORD, BC | 0.303% |
| 007: | CHILLIWACK, BC | 0.275% |
| 008: | RICHMOND, BC | 0.270% |
| 009: | PRINCE GEORGE, BC | 0.270% |
| 010: | KAMLOOPS, BC | 0.266% |
| 011: | NORTH VANCOUVER, BC | 0.259% |
| 012: | COQUITLAM, BC | 0.254% |
| 013: | FORT ST JOHN, BC | 0.235% |
| 014: | NANAIMO, BC | 0.233% |
| 015: | LANGLEY, BC | 0.233% |
| 016: | MAPLE RIDGE, BC | 0.195% |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Qualification: | 24.5% | |
| First-time Buyer: | 17.3% | |
| Renewal: | 14.5% | |
| No Money Down: | 12.7% | |
| Purchase: | 10.9% | |
| Refinance: | 9.1% | |
| Low Doc: | 2.7% | |
| Pre-approval: | 1.8% | |
| Equity Mortgage: | 1.8% | |
| Variable Rate: | 1.8% | |
| Second Mortgage: | 0.9% | |
| Short Term Open: | 0.9% | |
| Investment: | 0.9% | |
| Total Application Types Found: 13 | ||
Average age: 39
Oldest age: 64
Youngest age: 23
The following figures show the average income of applicants living in North Vancouver who have submitted an inquiry using the CanEquity mortgage application.
| Average annual gross income for | |
|---|---|
| mortgage applicants in North Vancouver: | $72,598.41 |
| applicants within all of Canada: | $58,581.24 |
| Difference: | $14,017.17 |
| mortgage co-applicants in North Vancouver: | $53,500.94 |
| co-applicants within all of Canada: | $41,209.57 |
| Difference: | $12,291.37 |
The chart and pie-graph below depicts the residential status of people living in North Vancouver who have applied for a home loan using CanEquity's online mortgage application.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 43.6% | |
| Own: | 46.4% | |
| No Comment: | 6.4% | |
| Live with parents: | 3.6% |
The following pie chart represents the marital status of applicants from North Vancouver, British Columbia using the mortgage application found at canequity.com. In North Vancouver, over 70% of the mortgage applicants are living together with someone, while only 29% are not living with someone.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 59.1% | |
| Single: | 27.3% | |
| Common-law: | 11.8% | |
| Divorced: | 0.9% | |
| Separated: | 0.9% |
