Last report update for Powell River: Sunday, March 21, 2010
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Bowen Island
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Powell River Mortgages

British Columbia Mortgage Statistics, Graphs and Charts

Map of Powell River requires Adobe Flash Player 7 or higher.

Yearly Volume Comparison for Mortgages from Powell River

Year Year to Year
Comparison
** National
Contribution
2009: 25.00% 0.01%
2008: 15.00% 0.01%
2007: 10.00% 0.01%
2006: 10.00% 0.01%
2005: 5.00% 0.00%
2004: 15.00% 0.01%
2003: 10.00% 0.01%
2002: 10.00% 0.01%

Note: ** Total national contribution of Powell River mortgages in the past is currently 0.05% with a projected target of 0.05%.

Peak Hours for Applicants within Powell River

Mortgage inquiries are received 24 hours a day on our web site. The graph shown below indicates the busy hours in the day. The data is taken from all days of all years.


Time Period
(24 Hour)
Percentage
of Inquiries
08:00 to 08:59: 5.0%
09:00 to 09:59: 10.0%
10:00 to 10:59: 5.0%
12:00 to 12:59: 20.0%
13:00 to 13:59: 10.0%
14:00 to 14:59: 10.0%
16:00 to 16:59: 5.0%
17:00 to 17:59: 10.0%
20:00 to 20:59: 5.0%
21:00 to 21:59: 15.0%
22:00 to 22:59: 5.0%
Peak Hours Graph for Mortgages in Powell River

Note: Only hours that have had mortgages from Powell River, 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%
Powell River Mortgages

Current City Standing within British Columbia


Location Contribution
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%
049:  FORT NELSON, BC 0.042%
050:  AGASSIZ, BC 0.042%

Nearest Settlements


1Halfmoon Bay, British Columbia
2Sechelt, British Columbia
3Roberts Creek, British Columbia
4Bowen Island, British Columbia
5Gibsons, British Columbia


Product Popularity for Powell River


Mortgage Application
Form Type
  Percentage
of Inquiries
Qualification: 35.0%
First-time Buyer: 25.0%
Refinance: 20.0%
Renewal: 5.0%
Purchase: 5.0%
No Money Down: 5.0%
Investment: 5.0%
 
Total Application Types Found: 7
 Powell River Mortgage Product Popularity Pie Chart

Age Demographics for Powell River Based Mortgages

Average age: 38
Oldest age: 66
Youngest age: 21


Incomes for Powell River Based Mortgages

The numbers below represent the average income of applicants living in Powell River who have submitted an inquiry using CanEquity's pre-approval application.

Average annual gross income for
mortgage applicants in Powell River: $68,277.78
applicants within all of Canada: $58,592.40
Difference: $9,685.37
  
mortgage co-applicants in Powell River: $30,166.67
co-applicants within all of Canada: $41,278.89
Difference: ($11,112.23)

Note: Commercial Mortgages were not included for this survey, only residential mortgage loan amounts from Powell River, British Columbia were used.

Residential Status for Powell River Mortgage Applicants

The table and pie chart below represents the residential status of people living in Powell River who have applied for a home loan using the pre-approval application on CanEquity's web site.

Residential Status of
Mortgage Applicant
  Percentage
of Inquiries
Rent: 35.0%
Own: 55.0%
No Comment: 10.0%
Powell River Residential Status Pie Chart

Marital Stats for Powell River Mortgage Applicants

The following information represents the marital status of applicants from Powell River, British Columbia using the mortgage preapproval application found on the CanEquity Mortgage web site. In Powell River, approximately 80% of the mortgage applicants are either married or living common-law, while only 20% are not married or separated.

Marital Status of
Mortgage Applicant
  Percentage
of Inquiries
Married: 65.0%
Common-law: 15.0%
Divorced: 10.0%
Single: 10.0%
Powell River Marital Status Pie Chart