Last report update for Squamish: Wednesday, March 17, 2010
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Squamish Mortgages

British Columbia Mortgage Statistics, Graphs and Charts

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Yearly Volume Comparison for Applications from Squamish

Year Year to Year
Comparison
** National
Contribution
2010: * 4.76% * 0.00%
2009: 19.05% 0.01%
2008: 14.29% 0.01%
2007: 4.76% 0.00%
2006: 23.81% 0.01%
2005: 4.76% 0.00%
2003: 9.52% 0.01%
2002: 19.05% 0.01%

Note: * These values are the percentages up to Wednesday, March 17, 2010. Estimated volume targets for the entire 2010 year are 19.05% and 0.01% respectively. ** Total national contribution of Squamish mortgages in the past is currently 0.05% with a projected target of 0.05%.

Peak Hours for Mortgage Applicants within Squamish

In Squamish, applications are received 24 hours a day via the CanEquity web site. The information shown below represents the rush hours within a 24-hour period. The data is taken from all days of all years.


Time Period
(24 Hour)
Percentage
of Inquiries
00:00 to 00:59: 9.5%
09:00 to 09:59: 4.8%
10:00 to 10:59: 4.8%
11:00 to 11:59: 23.8%
12:00 to 12:59: 9.5%
18:00 to 18:59: 9.5%
19:00 to 19:59: 14.3%
21:00 to 21:59: 4.8%
22:00 to 22:59: 14.3%
23:00 to 23:59: 4.8%
Peak Hours Graph for Mortgages in Squamish

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

British Columbia Mortgage Originations Compared to all other Provinces


Online Mortgage Origination
for the Province of
Percentage of
applications
Alberta: 21.10%
British Columbia 10.87%
Manitoba: 2.09%
New Brunswick: 2.10%
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: 4.14%
Saskatchewan: 5.07%
Yukon Territories: 0.26%
Squamish Mortgages

Current City Standing within British Columbia


Location Contribution
037:  SECHELT, BC 0.056%
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:  FORT NELSON, BC 0.042%

Nearest Settlements


1Brackendale, British Columbia
2Garibaldi Highlands, British Columbia
3Bowen Island, British Columbia
4Whistler, British Columbia
5Sechelt, British Columbia
6Gibsons, British Columbia
7Roberts Creek, British Columbia
8Halfmoon Bay, British Columbia


Product Popularity for Squamish


Mortgage Application
Form Type
  Percentage
of Inquiries
Qualification: 23.8%
Refinance: 19.0%
First-time Buyer: 14.3%
Renewal: 14.3%
No Money Down: 9.5%
Commercial: 4.8%
Purchase: 4.8%
Transfer: 4.8%
Variable Rate: 4.8%
 
Total Application Types Found: 9
 Squamish Mortgage Product Popularity Pie Chart

Age Demographics for Squamish Mortgage Applicants

Average age: 35
Oldest age: 52
Youngest age: 23


Incomes for Squamish Mortgage Applicants

The following figures show the average income of applicants living in Squamish who have applied for a loan using the online application located at the CanEquity web site.

Average annual gross income for
mortgage applicants in Squamish: $63,071.43
applicants within all of Canada: $58,582.39
Difference: $4,489.04
  
mortgage co-applicants in Squamish: $35,285.71
co-applicants within all of Canada: $41,225.82
Difference: ($5,940.11)

Note: Commercial loans were not included for this section, only residential mortgages from Squamish, British Columbia were used.

Residential Status for Squamish Applicants

The following table represents the residential status of people living in Squamish who have applied for a mortgage loan using the CanEquity mortgage application.

Residential Status of
Mortgage Applicant
  Percentage
of Inquiries
Rent: 38.1%
Own: 47.6%
No Comment: 14.3%
Squamish Residential Status Pie Chart

Marital Stats for Squamish Applicants

The following information represents the marital status of applicants from Squamish, British Columbia using the preapproval application found on the CanEquity Mortgage web site. Approximately 76% of the mortgage applicants are living with someone, while only 23% are single, separated or divorced.

Marital Status of
Mortgage Applicant
  Percentage
of Inquiries
Married: 52.4%
Common-law: 23.8%
Single: 19.0%
Separated: 4.8%
Squamish Marital Status Pie Chart