Last report update for Pitt Meadows: Tuesday, May 6, 2008
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Pitt Meadows Mortgage
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Related Links:
Coquitlam
Deroche
Fort Langley
Haney
Langley
Maple Ridge
New Westminster
Port Coquitlam
Port Moody
Surrey

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Pitt Meadows Mortgages

British Columbia Mortgage Statistics, Graphs and Charts

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Yearly Volume Comparison for Mortgages from Pitt Meadows

Year Year to Year
Comparison
** National
Contribution
2008: * 10.00% * 0.00%
2007: 20.00% 0.01%
2006: 10.00% 0.00%
2004: 30.00% 0.01%
2003: 10.00% 0.00%
2002: 20.00% 0.01%

Note: * These values are the percentages up to Tuesday, May 6, 2008. Estimated volume targets for the entire 2008 year are 20.00% and 0.01% respectively. ** Total national contribution of Pitt Meadows mortgages in the past is currently 0.03% with a projected target of 0.04%.

Current City Standing within British Columbia


Location Contribution
062:  QUALICUM BEACH, BC 0.037%
063:  WHISTLER, BC 0.037%
064:  TRAIL, BC 0.033%
065:  PORT HARDY, BC 0.033%
066:  GABRIOLA, BC 0.033%
067:  PITT MEADOWS, BC 0.033%
068:  GOLDEN, BC 0.033%
069:  QUESNEL, BC 0.033%
070:  MACKENZIE, BC 0.030%
071:  VANDERHOOF, BC 0.030%
072:  SAANICHTON, BC 0.030%

Nearest Settlements


1Port Coquitlam, British Columbia
2Coquitlam, British Columbia
3Maple Ridge, British Columbia
4Haney, British Columbia
5Port Moody, British Columbia
6Langley, British Columbia
7Fort Langley, British Columbia
8Deroche, British Columbia
9Surrey, British Columbia
10New Westminster, British Columbia
11Mission, British Columbia
12Chilliwack, British Columbia
13Burnaby, British Columbia
14Richmond, British Columbia
15Rosedale, British Columbia
16Abbotsford, British Columbia
17Agassiz, British Columbia
18Clearbrook, British Columbia
19Aldergrove, British Columbia
20North Vancouver, British Columbia
21White Rock, British Columbia
22Sardis, British Columbia
23North Delta, British Columbia
24Delta, British Columbia


Product Popularity for Pitt Meadows


Mortgage Application
Form Type
  Percentage
of Inquiries
Qualification: 40.0%
No Money Down: 20.0%
Renewal: 10.0%
Purchase: 10.0%
Variable Rate: 10.0%
First-time Buyer: 10.0%
 
Total Application Types Found: 6
 Pitt Meadows Mortgage Product Popularity Pie Chart

Age Demographics for Pitt Meadows Applicants

Average age: 31
Oldest age: 41
Youngest age: 22


Incomes for Pitt Meadows Applicants

The numbers below represent the average income of people living in Pitt Meadows who have applied for a mortgage loan using the CanEquity mortgage application.

Average annual gross income for
mortgage applicants in Pitt Meadows: $45,933.33
applicants within all of Canada: $56,347.50
Difference: ($10,414.16)
  
mortgage co-applicants in Pitt Meadows: $28,792.00
co-applicants within all of Canada: $39,330.70
Difference: ($10,538.70)

Note: Commercial loans were not included for this survey, only residential mortgage loans from Pitt Meadows, British Columbia were used.

Residential Status for Pitt Meadows Applicants

The table and pie chart below represents the residential status of people living in Pitt Meadows who have submitted a mortgage inquiry using the online application located at the CanEquity web site.

Residential Status of
Mortgage Applicant
  Percentage
of Inquiries
Rent: 50.0%
Own: 30.0%
Other: 10.0%
Live with parents: 10.0%
Pitt Meadows Residential Status Pie Chart

Marital Status for Pitt Meadows Applicants

The following information represents the marital status of applicants from Pitt Meadows, British Columbia using the mortgage application found on canequity.com. In Pitt Meadows, approximately 40% of the mortgage applicants are either married or living common-law, while only 60% are not married or separated.

Marital Status of
Mortgage Applicant
  Percentage
of Inquiries
Single: 60.0%
Common-law: 30.0%
Married: 10.0%
Pitt Meadows Marital Status Pie Chart