Last report update for Pitt Meadows: Sunday, March 21, 2010
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Pitt Meadows Mortgages

British Columbia Mortgage Statistics, Graphs and Charts

Map of Pitt Meadows requires Adobe Flash Player 7 or higher.

Yearly Volume Comparison for Applications from Pitt Meadows

Year Year to Year
Comparison
** National
Contribution
2010: * 4.76% * 0.00%
2009: 42.86% 0.02%
2008: 9.52% 0.01%
2007: 9.52% 0.01%
2006: 4.76% 0.00%
2004: 14.29% 0.01%
2003: 4.76% 0.00%
2002: 9.52% 0.01%

Note: * These values are the percentages up to Sunday, March 21, 2010. Estimated volume targets for the entire 2010 year are 19.05% and 0.01% respectively. ** Total national contribution of Pitt Meadows mortgages in the past is currently 0.05% with a projected target of 0.06%.

Peak Hours for Mortgage Applicants within Pitt Meadows

In Pitt Meadows, inquiries are received 24 hours a day on our web site. The statistics shown below indicates the peak hours over a 24-hour period. The data is taken from all days of all years.


Time Period
(24 Hour)
Percentage
of Inquiries
03:00 to 03:59: 4.8%
10:00 to 10:59: 4.8%
11:00 to 11:59: 9.5%
12:00 to 12:59: 4.8%
13:00 to 13:59: 9.5%
14:00 to 14:59: 19.0%
16:00 to 16:59: 4.8%
17:00 to 17:59: 9.5%
18:00 to 18:59: 9.5%
20:00 to 20:59: 9.5%
22:00 to 22:59: 4.8%
23:00 to 23:59: 9.5%
Peak Hours Graph for Mortgages in Pitt Meadows

Note: Only hours that have had mortgages from Pitt Meadows, British Columbia are shown.

British Columbia Mortgage Originations Compared to all other Provinces


Online Mortgage Origination
for the Province of
Percentage of
applications
Alberta: 21.11%
British Columbia 10.86%
Manitoba: 2.09%
New Brunswick: 2.11%
Newfoundland and Labrador: 1.15%
Nova Scotia: 2.91%
Northwest Territories: 0.32%
Nunavut: 0.08%
Ontario: 48.83%
Prince Edward Island: 0.44%
Quebec: 4.15%
Saskatchewan: 5.06%
Yukon Territories: 0.26%
Pitt Meadows Mortgages

Current City Standing within British Columbia


Location Contribution
038:  LADYSMITH, BC 0.056%
039:  SOOKE, BC 0.056%
040:  KITIMAT, BC 0.054%
041:  KIMBERLEY, BC 0.052%
042:  SQUAMISH, BC 0.049%
043:  PITT MEADOWS, BC 0.049%
044:  CASTLEGAR, BC 0.049%
045:  POWELL RIVER, BC 0.047%
046:  WHITE ROCK, BC 0.045%
047:  SIDNEY, BC 0.045%
048:  COMOX, BC 0.042%

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: 19.0%
Pre-approval: 14.3%
First-time Buyer: 14.3%
Renewal: 14.3%
No Money Down: 9.5%
Purchase: 9.5%
Refinance: 9.5%
Variable Rate: 9.5%
 
Total Application Types Found: 8
 Pitt Meadows Mortgage Product Popularity Pie Chart

Age Demographics for Pitt Meadows Mortgage Applicants

Average age: 38
Oldest age: 67
Youngest age: 22


Incomes for Pitt Meadows Mortgage Applicants

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

Average annual gross income for
mortgage applicants in Pitt Meadows: $55,556.28
applicants within all of Canada: $58,592.40
Difference: ($3,036.13)
  
mortgage co-applicants in Pitt Meadows: $30,864.00
co-applicants within all of Canada: $41,278.89
Difference: ($10,414.89)

Note: Commercial Mortgage loans were not included for this survey, only residential mortgage loan amounts were used.

Residential Status for Pitt Meadows Mortgages

The pie chart below shows 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: 38.1%
Own: 52.4%
Other: 4.8%
Live with parents: 4.8%
Pitt Meadows Residential Status Pie Chart

Marital Statistics for Pitt Meadows Mortgages

The following table and pie chart represents the marital status of applicants from Pitt Meadows, British Columbia using the mortgage preapproval application found at the CanEquity web site. In Pitt Meadows, approximately 71% of the mortgage applicants are either married or living common-law, while only 28% are single or separated.

Marital Status of
Mortgage Applicant
  Percentage
of Inquiries
Married: 47.6%
Single: 28.6%
Common-law: 23.8%
Pitt Meadows Marital Status Pie Chart