Yellowknife Mortgage
Information, Statisitics & Reports
Information, Statisitics & Reports
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2010: | * 3.90% | * 0.01% |
| 2009: | 23.38% | 0.04% |
| 2008: | 15.58% | 0.03% |
| 2007: | 12.99% | 0.02% |
| 2006: | 14.29% | 0.03% |
| 2005: | 9.09% | 0.02% |
| 2004: | 2.60% | 0.01% |
| 2003: | 9.09% | 0.02% |
| 2002: | 9.09% | 0.02% |
The following illustrates the volumes of applications received by CanEquity in each month for all years combined. The busiest months for mortgages from Yellowknife happen to occur during our first quarter (represented by the brown bars) with 31.17% while our slowest is the third quarter (represented by the blue bars) with 19.48%.
| Rank | Month | Percentage of Inquiries | |
|---|---|---|---|
| 1: | March: | 16.9% | |
| 2: | October: | 11.7% | |
| 3: | June: | 10.4% | |
| 4: | May: | 9.1% | |
| 5: | January: | 7.8% | |
| 6: | August: | 7.8% | |
| 7: | September: | 7.8% | |
| 8: | November: | 6.5% | |
| 9: | April: | 6.5% | |
| 10: | February: | 6.5% | |
| 11: | December: | 5.2% | |
| 12: | July: | 3.9% |
The bar graph below illustrates the busy days for online mortgage applications that were received by our web site. Each day represents a combined total of all occurrences of that day in the past 5 years. In Yellowknife the busiest day of the week, with 23.38% of all applications, is Wednesday. In comparison, Friday's are the slowest day with only 5.19% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Wednesday: | 23.4% | |
| 2: | Monday: | 22.1% | |
| 3: | Tuesday: | 13.0% | |
| 4: | Sunday: | 13.0% | |
| 5: | Thursday: | 11.7% | |
| 6: | Saturday: | 11.7% | |
| 7: | Friday: | 5.2% |
In Yellowknife, mortgages are received 24 hours a day via the CanEquity web site. The information shown below represents the busy hours over a 24-hour period. The data is taken from all days of all years. Only 0.0% of all mortgages are received during the morning, while 48.1% arrive in the afternoon.
| Time Period (24 Hour) | Percentage of Inquiries |
|---|---|
| 00:00 to 00:59: | 1.3% |
| 03:00 to 03:59: | 1.3% |
| 08:00 to 08:59: | 2.6% |
| 09:00 to 09:59: | 6.5% |
| 10:00 to 10:59: | 9.1% |
| 11:00 to 11:59: | 9.1% |
| 12:00 to 12:59: | 7.8% |
| 13:00 to 13:59: | 6.5% |
| 14:00 to 14:59: | 7.8% |
| 15:00 to 15:59: | 10.4% |
| 16:00 to 16:59: | 13.0% |
| 17:00 to 17:59: | 1.3% |
| 18:00 to 18:59: | 3.9% |
| 19:00 to 19:59: | 3.9% |
| 20:00 to 20:59: | 3.9% |
| 21:00 to 21:59: | 3.9% |
| 22:00 to 22:59: | 3.9% |
| 23:00 to 23:59: | 3.9% |
| 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% |
| Location | Contribution | |
|---|---|---|
| 001: | YELLOWKNIFE, NT | 0.180% |
| 002: | HAY RIVER, NT | 0.047% |
| 003: | INUVIK, NT | 0.045% |
| 004: | FORT SMITH, NT | 0.009% |
| 005: | BEHCHOKO, NT | 0.007% |
| 006: | FORT SIMPSON, NT | 0.007% |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| First-time Buyer: | 39.0% | |
| No Money Down: | 20.8% | |
| Qualification: | 19.5% | |
| Refinance: | 9.1% | |
| Renewal: | 5.2% | |
| Low Doc: | 1.3% | |
| Pre-approval: | 1.3% | |
| Purchase: | 1.3% | |
| Home Renovation: | 1.3% | |
| Investment: | 1.3% | |
| Total Application Types Found: 10 | ||
Average age: 35
Oldest age: 60
Youngest age: 22
The numbers below represent the average income of Canadians living in Yellowknife who have applied for a home loan using the CanEquity mortgage application.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Yellowknife: | $66,270.15 |
| applicants within all of Canada: | $58,592.40 |
| Difference: | $7,677.74 |
| mortgage co-applicants in Yellowknife: | $54,179.59 |
| co-applicants within all of Canada: | $41,278.89 |
| Difference: | $12,900.69 |
The following depicts the residential status of people living in Yellowknife who have submitted a mortgage inquiry using the pre-approval application on CanEquity's web site.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 70.1% | |
| Own: | 20.8% | |
| Other: | 3.9% | |
| No Comment: | 5.2% |
The pie chart below represents the marital status of applicants from Yellowknife, Northwest Territories using the mortgage application found on the CanEquity Mortgage web site. Over 80% of the mortgage applicants are living with someone, while only 19% are single, separated or divorced.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 57.1% | |
| Common-law: | 23.4% | |
| Single: | 19.5% |
