Last report update for Squamish: Tuesday, May 6, 2008
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Squamish Mortgage
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Related Links:
Brackendale
Garibaldi Highlands
Gibsons
Sechelt
Whistler

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Squamish Mortgages

British Columbia Mortgage Statistics, Graphs and Charts

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Yearly Volume Comparison for Mortgage Applications from Squamish

Year Year to Year
Comparison
** National
Contribution
2008: * 7.14% * 0.00%
2007: 7.14% 0.00%
2006: 35.71% 0.02%
2005: 7.14% 0.00%
2003: 14.29% 0.01%
2002: 28.57% 0.01%

Note: * These values are the percentages up to Tuesday, May 6, 2008. Estimated volume targets for the entire 2008 year are 14.29% and 0.01% respectively. ** Total national contribution of Squamish mortgages in the past is currently 0.05% with a projected target of 0.05%.

Current City Standing within British Columbia


Location Contribution
044:  FORT NELSON, BC 0.050%
045:  CRESTON, BC 0.047%
046:  KITIMAT, BC 0.047%
047:  SPARWOOD, BC 0.047%
048:  MERRITT, BC 0.047%
049:  SQUAMISH, BC 0.047%
050:  WEST VANCOUVER, BC 0.047%
051:  SALT SPRING ISLAND, BC 0.043%
052:  KIMBERLEY, BC 0.043%
053:  POWELL RIVER, BC 0.043%
054:  AGASSIZ, BC 0.043%

Nearest Settlements


1Brackendale, British Columbia
2Garibaldi Highlands, British Columbia
3Whistler, British Columbia
4Sechelt, British Columbia
5Gibsons, British Columbia


Product Popularity for Squamish


Mortgage Application
Form Type
  Percentage
of Inquiries
Qualification: 28.6%
Refinance: 28.6%
No Money Down: 7.1%
Commercial: 7.1%
Renewal: 7.1%
Purchase: 7.1%
Transfer: 7.1%
Variable Rate: 7.1%
 
Total Application Types Found: 8
 Squamish Mortgage Product Popularity Pie Chart

Age Demographics for Squamish Applicants

Average age: 36
Oldest age: 52
Youngest age: 23


Incomes for Squamish Applicants

The figures below represent the average income of Canadians living in Squamish who have submitted a mortgage inquiry using CanEquity's pre-approval application.

Average annual gross income for
mortgage applicants in Squamish: $61,535.71
applicants within all of Canada: $56,347.50
Difference: $5,188.22
  
mortgage co-applicants in Squamish: $34,400.00
co-applicants within all of Canada: $39,330.70
Difference: ($4,930.70)

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

Residential Status for Squamish Based Mortgages

The following depicts the residential status of people living in Squamish 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: 28.6%
Own: 50.0%
No Comment: 21.4%
Squamish Residential Status Pie Chart

Marital Stats for Squamish Based Mortgages

The following table and pie chart represents the marital status of applicants from Squamish, British Columbia using the mortgage application located at the CanEquity web site. Approximately 78% of the mortgage applicants are living with someone, while only 21% are not married or separated.

Marital Status of
Mortgage Applicant
  Percentage
of Inquiries
Married: 57.1%
Common-law: 21.4%
Single: 21.4%
Squamish Marital Status Pie Chart