Last report update for Amherst: Thursday, August 28, 2008
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Related Links:
Sackville
Annapolis County
Canning
Coldbrook
Debert
Falmouth
Parrsboro
Pictou
Port Williams
Pugwash

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Amherst Mortgages

Nova Scotia Mortgage Statistics, Graphs and Charts

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Yearly Volume Comparison for Applications from Amherst

Year Year to Year
Comparison
** National
Contribution
2008: * 16.67% * 0.01%
2007: 25.00% 0.01%
2006: 33.33% 0.01%
2005: 16.67% 0.01%
2003: 8.33% 0.00%

Note: * These values are the percentages up to Thursday, August 28, 2008. Estimated volume targets for the entire 2008 year are 16.67% and 0.01% respectively. ** Total national contribution of Amherst mortgages in the past is currently 0.04% with a projected target of 0.04%.

Current City Standing within Nova Scotia


Location Contribution
009:  EASTERN PASSAGE, NS 0.050%
010:  PICTOU, NS 0.047%
011:  LIVERPOOL, NS 0.044%
012:  NEW GLASGOW, NS 0.041%
013:  NEW WATERFORD, NS 0.038%
014:  AMHERST, NS 0.038%
015:  NEW MINAS, NS 0.034%
016:  ANTIGONISH, NS 0.031%
017:  BRIDGEWATER, NS 0.031%
018:  MIDDLETON, NS 0.028%
019:  KENTVILLE, NS 0.028%

Nearest Settlements


1Annapolis County, Nova Scotia
2Debert, Nova Scotia
3Parrsboro, Nova Scotia
4Coldbrook, Nova Scotia
5Pugwash, Nova Scotia
6Canning, Nova Scotia
7Sackville, New Brunswick
8Port Williams, Nova Scotia
9Falmouth, Nova Scotia
10Pictou, Nova Scotia
11Hantsport, Nova Scotia
12Wolfville, Nova Scotia
13Truro, Nova Scotia
14Windsor, Nova Scotia
15Newport, Nova Scotia
16Cap-Pele, New Brunswick
17Stewiacke, Nova Scotia
18Ellershouse, Nova Scotia
19Centreville, Nova Scotia


Product Popularity for Amherst


Mortgage Application
Form Type
  Percentage
of Inquiries
Refinance: 33.3%
First-time Buyer: 25.0%
Purchase: 16.7%
Renewal: 8.3%
Qualification: 8.3%
No Money Down: 8.3%
 
Total Application Types Found: 6
 Amherst Mortgage Product Popularity Pie Chart

Age Demographics for Amherst Mortgages

Average age: 41
Oldest age: 60
Youngest age: 24


Incomes for Amherst Mortgages

The information below represents the average income of Canadians living in Amherst who have submitted a mortgage inquiry using CanEquity's online mortgage application.

Average annual gross income for
mortgage applicants in Amherst: $43,691.09
applicants within all of Canada: $56,689.29
Difference: ($12,998.20)
  
mortgage co-applicants in Amherst: $32,046.67
co-applicants within all of Canada: $39,622.06
Difference: ($7,575.39)

Note: Commercial loan amounts were not included for this survey, only residential loans from Amherst, Nova Scotia were used.

Residential Status for Amherst Mortgages

The information below represents the residential status of people living in Amherst who have applied for a mortgage loan using CanEquity's preapproval application.

Residential Status of
Mortgage Applicant
  Percentage
of Inquiries
Rent: 50.0%
Own: 50.0%
Amherst Residential Status Pie Chart

Marital Statistics for Amherst Mortgages

The following table and pie chart represents the marital status of applicants from Amherst, Nova Scotia using the online mortgage application found on canequity.com. Over 66% of the mortgage applicants are either married or living common-law, while only 33% are not married or separated.

Marital Status of
Mortgage Applicant
  Percentage
of Inquiries
Married: 50.0%
Divorced: 16.7%
Common-law: 16.7%
Single: 16.7%
Amherst Marital Status Pie Chart