Last report update for Sidney: Friday, May 16, 2008
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Brentwood Bay
Duncan
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Galiano Island
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North Saanich
Saanichton
Salt Spring Island
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Sidney Mortgages

British Columbia Mortgage Statistics, Graphs and Charts

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Yearly Volume Comparison for Mortgages from Sidney

Year Year to Year
Comparison
** National
Contribution
2008: * 6.25% * 0.00%
2007: 12.50% 0.01%
2006: 6.25% 0.00%
2005: 6.25% 0.00%
2004: 18.75% 0.01%
2003: 25.00% 0.01%
2002: 25.00% 0.01%

Note: * These values are the percentages up to Friday, May 16, 2008. Estimated volume targets for the entire 2008 year are 12.50% and 0.01% respectively. ** Total national contribution of Sidney mortgages in the past is currently 0.05% with a projected target of 0.05%.

British Columbia Mortgage Originations Compared to all other Provinces


Online Mortgage Origination
for the Province of
Percentage of
applications
Alberta: 21.01%
British Columbia 11.46%
Manitoba: 2.11%
New Brunswick: 2.02%
Newfoundland and Labrador: 1.14%
Nova Scotia: 2.78%
Northwest Territories: 0.30%
Nunavut: 0.09%
Ontario: 48.63%
Prince Edward Island: 0.36%
Quebec: 3.80%
Saskatchewan: 5.59%
Yukon Territories: 0.21%
Sidney Mortgages

Current City Standing within British Columbia


Location Contribution
036:  PARKSVILLE, BC 0.066%
037:  WILLIAMS LAKE, BC 0.063%
038:  REVELSTOKE, BC 0.059%
039:  WHITE ROCK, BC 0.056%
040:  CASTLEGAR, BC 0.056%
041:  SIDNEY, BC 0.053%
042:  PORT MOODY, BC 0.053%
043:  ALDERGROVE, BC 0.050%
044:  FORT NELSON, BC 0.050%
045:  CRESTON, BC 0.046%
046:  KITIMAT, BC 0.046%

Nearest Settlements


1Shawnigan Lake, British Columbia
2North Saanich, British Columbia
3Saanichton, British Columbia
4Galiano Island, British Columbia
5Salt Spring Island, British Columbia
6Galiano, British Columbia
7Brentwood Bay, British Columbia
8Mill Bay, British Columbia
9Duncan, British Columbia
10Victoria, British Columbia
11Cobble Hill, British Columbia
12Lake Cowichan, British Columbia
13Chemainus, British Columbia
14Ladysmith, British Columbia


Product Popularity for Sidney


Mortgage Application
Form Type
  Percentage
of Inquiries
No Money Down: 31.3%
First-time Buyer: 25.0%
Renewal: 18.8%
Qualification: 12.5%
Refinance: 6.3%
Purchase: 6.3%
 
Total Application Types Found: 6
 Sidney Mortgage Product Popularity Pie Chart

Age Demographics for Sidney Mortgages

Average age: 39
Oldest age: 64
Youngest age: 23


Incomes for Sidney Mortgages

The amounts shown below represent the average income of Canadians living in Sidney who have applied for a mortgage loan using the CanEquity mortgage application.

Average annual gross income for
mortgage applicants in Sidney: $45,320.00
applicants within all of Canada: $56,403.93
Difference: ($11,083.93)
  
mortgage co-applicants in Sidney: $25,291.43
co-applicants within all of Canada: $39,395.85
Difference: ($14,104.42)

Note: Commercial loans were not included for this section, only residential loans amounts were used.

Residential Status for Sidney Applicants

The information below represents the residential status of people living in Sidney who have applied for a home loan using the online application located at the CanEquity web site.

Residential Status of
Mortgage Applicant
  Percentage
of Inquiries
Rent: 68.8%
Own: 25.0%
Live with parents: 6.3%
Sidney Residential Status Pie Chart

Marital Statistics for Sidney Applicants

The following pie chart represents the marital status of applicants from Sidney, British Columbia using the online mortgage application found on the CanEquity Mortgage web site. In Sidney, approximately 62% of the mortgage applicants are living together with someone, while only 37% are single, separated or divorced.

Marital Status of
Mortgage Applicant
  Percentage
of Inquiries
Married: 43.8%
Single: 37.5%
Common-law: 18.8%
Sidney Marital Status Pie Chart