Last report update for Peachland: Tuesday, May 6, 2008
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Peachland Mortgage
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Related Links:
Beaverdell
Kelowna
Merritt
Naramata
Oyama
Penticton
Princeton
Savona
Summerland
Westbank

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Peachland Mortgages

British Columbia Mortgage Statistics, Graphs and Charts

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Yearly Volume Comparison for Mortgage Applications from Peachland

Year Year to Year
Comparison
** National
Contribution
2007: 14.29% 0.00%
2006: 14.29% 0.00%
2004: 14.29% 0.00%
2003: 42.86% 0.01%
2002: 14.29% 0.00%

Note: ** Total national contribution of Peachland mortgages in the past is currently 0.02% with a projected target of 0.02%.

Current City Standing within British Columbia


Location Contribution
077:  SHAWNIGAN LAKE, BC 0.027%
078:  HOUSTON, BC 0.027%
079:  TUMBLER RIDGE, BC 0.027%
080:  ARMSTRONG, BC 0.027%
081:  PEMBERTON, BC 0.023%
082:  PEACHLAND, BC 0.023%
083:  LAZO, BC 0.023%
084:  OLIVER, BC 0.023%
085:  CHASE, BC 0.023%
086:  NARAMATA, BC 0.020%
087:  PRINCETON, BC 0.020%

Nearest Settlements


1Naramata, British Columbia
2Summerland, British Columbia
3Westbank, British Columbia
4Princeton, British Columbia
5Kelowna, British Columbia
6Penticton, British Columbia
7Merritt, British Columbia
8Beaverdell, British Columbia
9Oyama, British Columbia
10Savona, British Columbia
11Winfield, British Columbia
12Chase, British Columbia
13Vernon, British Columbia


Product Popularity for Peachland


Mortgage Application
Form Type
  Percentage
of Inquiries
Refinance: 42.9%
Investment: 28.6%
Purchase: 14.3%
First-time Buyer: 14.3%
 
Total Application Types Found: 4
 Peachland Mortgage Product Popularity Pie Chart

Age Demographics for Peachland Applicants

Average age: 46
Oldest age: 50
Youngest age: 34


Incomes for Peachland Applicants

The information below represents the average income of Canadians living in Peachland who have submitted a mortgage inquiry using the pre-approval application on the CanEquity Mortgage web site.

Average annual gross income for
mortgage applicants in Peachland: $96,666.67
applicants within all of Canada: $56,347.50
Difference: $40,319.17
  

Since the average income of Peachland is much higher than the Canadian national average, we have included the MEDIAN annual gross income for this area. 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 Peachland: $95,000.00
applicants within all of Canada: $56,347.50
Difference: $38,652.50

Note: Commercial Mortgage loans were not included for this section, only home loans from Peachland, British Columbia were used.

Residential Status for Peachland Mortgage Applicants

The chart and pie-graph below depicts the residential status of people living in Peachland who have applied for a mortgage loan using CanEquity's preapproval application.

Residential Status of
Mortgage Applicant
  Percentage
of Inquiries
Own: 71.4%
No Comment: 28.6%
Peachland Residential Status Pie Chart

Marital Status for Peachland Mortgage Applicants

The following information represents the marital status of applicants from Peachland, British Columbia using the mortgage preapproval application found on the CanEquity Mortgage web site. In Peachland, 85% of the mortgage applicants are living with someone, while only 14% are single, separated or divorced.

Marital Status of
Mortgage Applicant
  Percentage
of Inquiries
Married: 57.1%
Common-law: 28.6%
Single: 14.3%
Peachland Marital Status Pie Chart