Manitoba Mortgage
Information, Statisitics & Reports
Information, Statisitics & Reports
Disclaimer:
CanEquity Mortgage has compiled the following data for educational and informational purposes as outlined in our privacy policy. All names, street and e-mail addresses, telephone numbers, dates of birth, and other forms of identification have been removed before the following data was compiled. These statistics are anonymous and contain no personal information, and cannot be used to gather such information.
The statistics gathered are from CanEquity’s web site and do not include inquiries via fax, e-mail, contact forms, phone-ins or walk-ins. The statistics gathered represent the growing Internet usage and mortgage trends found within Canada.
All information, charts and graphs represented are deemed accurate and reliable but no warranty or guarantee is implied. Data may be noticeably affected from time to time by changes in CanEquity Mortgage marketing efforts. Data may also be affected by Internet connectivity, outages and service (or lack of) to areas within Canada. The range of data collected is from 30,000 to 60,000 mortgage applicants from across Canada. All data has a deviation of +/- 1.00% for added anonymity. No statistic contained herein represents a single person.
This information may be used freely for educational or non-commercial use. For more information about this service, please e-mail marketing@canequity.com. Copyright © 2001-2009 CEG Research, The Canadian Equity Group Inc.
| Year | Volume Comparison | ** National Contribution |
|---|---|---|
| 2010: | * 1.37% | * 0.03% |
| 2009: | 18.47% | 0.39% |
| 2008: | 12.20% | 0.26% |
| 2007: | 11.74% | 0.25% |
| 2006: | 16.99% | 0.36% |
| 2005: | 10.95% | 0.23% |
| 2004: | 7.75% | 0.16% |
| 2003: | 11.06% | 0.23% |
| 2002: | 9.46% | 0.20% |
The 6-year bar graph below illustrates the individual monthly volume history for Internet pre-approval applications received from Manitoba.
The graph below represents the volumes of applications received by CanEquity in each month for all years combined. The busiest months for mortgages occur during our second quarter (represented by the green bars) with 33.07% while our slowest is the fourth quarter (represented by the red bars) with 17.33%.
| Rank | Month | Percentage of Inquiries | |
|---|---|---|---|
| 1: | April: | 13.1% | |
| 2: | May: | 11.7% | |
| 3: | March: | 10.0% | |
| 4: | January: | 9.1% | |
| 5: | August: | 8.8% | |
| 6: | July: | 8.2% | |
| 7: | June: | 8.2% | |
| 8: | February: | 8.1% | |
| 9: | October: | 7.2% | |
| 10: | November: | 5.6% | |
| 11: | September: | 5.4% | |
| 12: | December: | 4.6% |
The graph listed below compares the busy days for online applications that were received by CanEquity's web site. Each day is a representation of the combined 6-year total of all instances of that day. In Manitoba the most busy day of the week, with 18.93% of all submissions, is Monday. In comparison, Saturday's are the slowest day with only 10.49% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Monday: | 18.9% | |
| 2: | Tuesday: | 17.1% | |
| 3: | Thursday: | 14.9% | |
| 4: | Wednesday: | 14.4% | |
| 5: | Friday: | 12.7% | |
| 6: | Sunday: | 11.5% | |
| 7: | Saturday: | 10.5% |
Inquiries are received 24 hours a day from our web site. The statistics shown below indicates the busy hours over a 24-hour period. The data is taken from all days of all years. Only 28.8% of all mortgages are received before noon, while 68.5% arrive in the afternoon.
| Time Period (24 Hour) | Percentage of Inquiries |
|---|---|
| 00:00 to 00:59: | 1.3% |
| 01:00 to 01:59: | 0.8% |
| 02:00 to 02:59: | 0.6% |
| 03:00 to 03:59: | 0.3% |
| 04:00 to 04:59: | 0.8% |
| 05:00 to 05:59: | 0.5% |
| 06:00 to 06:59: | 1.4% |
| 07:00 to 07:59: | 3.1% |
| 08:00 to 08:59: | 3.6% |
| 09:00 to 09:59: | 5.4% |
| 10:00 to 10:59: | 7.6% |
| 11:00 to 11:59: | 6.2% |
| 12:00 to 12:59: | 8.3% |
| 13:00 to 13:59: | 5.9% |
| 14:00 to 14:59: | 8.6% |
| 15:00 to 15:59: | 6.6% |
| 16:00 to 16:59: | 5.0% |
| 17:00 to 17:59: | 5.2% |
| 18:00 to 18:59: | 4.8% |
| 19:00 to 19:59: | 5.4% |
| 20:00 to 20:59: | 7.4% |
| 21:00 to 21:59: | 5.8% |
| 22:00 to 22:59: | 3.5% |
| 23:00 to 23:59: | 1.9% |
| Online Mortgage Origination for the Province of | Percentage in Comparison |
|---|---|
| Alberta: | 1005.7% |
| British Columbia: | 519.5% |
| Manitoba: | 100.0% |
| New Brunswick: | 99.8% |
| Newfoundland and Labrador: | 54.3% |
| Nova Scotia: | 137.5% |
| Northwest Territories: | 14.9% |
| Nunavut: | 4.1% |
| Ontario: | 2323.5% |
| Prince Edward Island: | 20.6% |
| Quebec: | 192.7% |
| Saskatchewan: | 241.8% |
| Yukon Territories: | 11.9% |
| City or Town within the province of Manitoba | Percentage of Inquiries | Average Age | Average Income | Average Co-Income | Average Home Loan | |
|---|---|---|---|---|---|---|
| 001: | WINNIPEG, MB | 54.846% | 36 | $49,925.98 | $35,232.31 | $130,763.91 |
| 002: | BRANDON, MB | 7.184% | 35 | $50,493.49 | $38,694.05 | $136,706.55 |
| 003: | THOMPSON, MB | 2.851% | 37 | $79,924.72 | $32,445.14 | $166,128.70 |
| 004: | PORTAGE LA PRAIRIE, MB | 2.281% | 36 | $41,685.00 | $30,821.60 | $78,517.65 |
| 005: | SHILO, MB | 1.710% | 35 | $54,397.57 | $30,137.60 | $178,057.14 |
| 006: | THE PAS, MB | 1.596% | 38 | $47,379.00 | $49,656.25 | $81,750.00 |
| 007: | STEINBACH, MB | 1.482% | 33 | $70,284.62 | $22,750.00 | $107,581.82 |
| 008: | MORDEN, MB | 1.140% | 34 | $41,116.67 | $12,400.00 | $81,417.75 |
| 009: | SELKIRK, MB | 1.140% | 43 | $39,993.50 | $29,122.60 | $113,612.50 |
| 010: | DAUPHIN, MB | 0.912% | 35 | $55,428.57 | $46,000.00 | $147,357.14 |
| 011: | ST ADOLPHE, MB | 0.912% | 37 | $53,187.50 | $37,550.00 | $91,800.00 |
| 012: | STONEWALL, MB | 0.798% | 31 | $24,279.86 | $42,500.00 | $70,700.00 |
| 013: | STE ANNE, MB | 0.684% | 42 | $41,900.00 | $28,189.25 | $83,333.33 |
| 014: | NEEPAWA, MB | 0.684% | 32 | $27,704.00 | $27,573.00 | $66,600.00 |
| 015: | FLIN FLON, MB | 0.684% | 42 | $52,533.33 | $48,666.67 | $166,250.00 |
| 016: | TEULON, MB | 0.456% | 37 | $49,500.00 | n/a | $76,000.00 |
| 017: | GROSSE ISLE, MB | 0.456% | 33 | $56,300.75 | n/a | $153,250.00 |
| 018: | KILLARNEY, MB | 0.456% | 34 | $21,322.67 | $25,333.33 | $77,250.00 |
| 019: | MORRIS, MB | 0.456% | 33 | $40,250.00 | $65,000.00 | $66,633.33 |
| 020: | CARMAN, MB | 0.456% | 34 | $35,775.00 | $24,333.33 | $89,375.00 |
| 021: | STONY MOUNTAIN, MB | 0.342% | 32 | $41,333.33 | n/a | $120,000.00 |
| 022: | LAC DU BONNET, MB | 0.342% | 54 | $90,000.00 | n/a | $111,666.67 |
| 023: | ROBLIN, MB | 0.342% | 35 | $144,333.33 | $45,000.00 | $108,166.67 |
| 024: | HARTNEY, MB | 0.342% | 34 | $22,800.00 | n/a | $61,000.00 |
| 025: | MELITA, MB | 0.342% | 33 | $33,666.67 | n/a | $48,333.33 |
| 026: | SNOW LAKE, MB | 0.342% | 37 | $69,250.00 | n/a | $86,666.67 |
| 027: | GILLAM, MB | 0.342% | 33 | $70,666.67 | $65,000.00 | $187,500.00 |
| 028: | MINNEDOSA, MB | 0.342% | 33 | $36,000.00 | n/a | $30,000.00 |
| 029: | OAKBANK, MB | 0.342% | 30 | $83,000.00 | n/a | $163,200.00 |
| 030: | EAST ST PAUL, MB | 0.342% | 41 | $42,167.00 | n/a | $190,333.33 |
| 031: | ST PIERRE JOLYS, MB | 0.342% | 33 | $45,000.00 | $21,000.00 | $103,000.00 |
| 032: | ROSSBURN, MB | 0.342% | 50 | $76,666.67 | n/a | $153,333.33 |
| 033: | RIVERTON, MB | 0.342% | 43 | n/a | $30,000.00 | $43,666.67 |
| 034: | SWAN RIVER, MB | 0.342% | 36 | $30,373.33 | $51,500.00 | $27,950.00 |
| 035: | NIVERVILLE, MB | 0.342% | 39 | $31,026.67 | n/a | $55,000.00 |
| 036: | GRUNTHAL, MB | 0.228% | 29 | $42,500.00 | n/a | $175,000.00 |
| 037: | ST ANDREWS, MB | 0.228% | 34 | $114,500.00 | n/a | $63,500.00 |
| 038: | PINE FALLS, MB | 0.228% | 42 | $45,714.50 | n/a | $72,317.00 |
| 039: | DELORAINE, MB | 0.228% | 23 | $51,500.00 | n/a | $300,000.00 |
| 040: | CARBERRY, MB | 0.228% | 41 | $32,996.50 | n/a | $76,250.00 |
| 041: | BEAUSEJOUR, MB | 0.228% | 43 | $37,000.00 | n/a | $49,500.00 |
| 042: | CARTWRIGHT, MB | 0.228% | 32 | $42,500.00 | n/a | $130,000.00 |
| 043: | ARBORG, MB | 0.228% | 32 | $18,000.00 | n/a | $90,000.00 |
| 044: | LANDMARK, MB | 0.228% | 35 | $27,000.00 | $52,720.00 | $106,500.00 |
| 045: | LA BROQUERIE, MB | 0.228% | 21 | $22,000.00 | $12,500.00 | $65,000.00 |
| 046: | ANOLA, MB | 0.228% | 35 | $120,000.00 | n/a | $120,000.00 |
| 047: | GUNTON, MB | 0.228% | 23 | $22,480.00 | n/a | $77,500.00 |
| 048: | BINSCARTH, MB | 0.228% | 33 | $39,391.50 | n/a | $100,000.00 |
| 049: | ST FRANCOIS XAVIER, MB | 0.228% | 37 | $48,000.00 | n/a | $195,000.00 |
| 050: | LORETTE, MB | 0.228% | 30 | $61,590.00 | $15,250.00 | $63,178.00 |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Qualification: | 27.4% | |
| Refinance: | 19.8% | |
| First-time Buyer: | 19.0% | |
| No Money Down: | 15.1% | |
| Renewal: | 7.0% | |
| Purchase: | 6.6% | |
| Variable Rate: | 1.3% | |
| Other: | 3.7% | |
| Total Application Types Found: 18 | ||
Average age: 36
Oldest age: 83
Youngest age: 20
The following depicts the average income of applicants living in Manitoba who have submitted an inquiry using CanEquity's pre-approval application.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Manitoba: | $51,197.09 |
| applicants within all of Canada: | $58,448.42 |
| Difference: | ($7,251.33) |
| mortgage co-applicants in Manitoba: | $34,616.72 |
| co-applicants within all of Canada: | $41,110.46 |
| Difference: | ($6,493.74) |
The following depicts the residential status of people living in Manitoba who have applied for a loan using the pre-approval application on CanEquity's web site.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 42.2% | |
| Own: | 42.4% | |
| Other: | 2.6% | |
| No Comment: | 7.2% | |
| Live with parents: | 5.6% |
The pie chart below represents the marital status of applicants from Manitoba using the preapproval application located at the CanEquity web site. In Manitoba, 63% of the mortgage applicants are living with someone, while only 35% are single, separated or divorced.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 51.0% | |
| Single: | 26.5% | |
| Common-law: | 12.5% | |
| Divorced: | 5.1% | |
| Separated: | 3.9% | |
| Widowed: | 1.0% |
