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

Nova Scotia Mortgage Statistics, Graphs and Charts

Map of Amherst requires Adobe Flash Player 7 or higher.

Yearly Volume Comparison for Mortgage Inquiries from Amherst

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

Note: * These values are the percentages up to Wednesday, March 17, 2010. Estimated volume targets for the entire 2010 year are 80.95% and 0.04% respectively. ** Total national contribution of Amherst mortgages in the past is currently 0.05% with a projected target of 0.08%.

Peak Hours for Mortgages within Amherst

Mortgage inquiries are received 24 hours a day on the CanEquity web site. The statistics shown below indicates the peak hours in the day. The data is taken from all days of all years. Only 0.0% of all mortgages are received during the morning, while 61.9% arrive in the afternoon.


Time Period
(24 Hour)
Percentage
of Inquiries
05:00 to 05:59: 4.8%
08:00 to 08:59: 9.5%
09:00 to 09:59: 4.8%
10:00 to 10:59: 4.8%
11:00 to 11:59: 14.3%
12:00 to 12:59: 4.8%
13:00 to 13:59: 14.3%
16:00 to 16:59: 4.8%
17:00 to 17:59: 14.3%
18:00 to 18:59: 4.8%
19:00 to 19:59: 4.8%
20:00 to 20:59: 14.3%
Peak Hours Graph for Mortgages in Amherst

Note: Only hours that have had mortgages from Amherst, Nova Scotia are shown.

Nova Scotia 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%
Amherst Mortgages

Current City Standing within Nova Scotia


Location Contribution
004:  TRURO, NS 0.117%
005:  LOWER SACKVILLE, NS 0.115%
006:  YARMOUTH, NS 0.092%
007:  GLACE BAY, NS 0.063%
008:  BEDFORD, NS 0.054%
009:  AMHERST, NS 0.049%
010:  PICTOU, NS 0.047%
011:  NEW GLASGOW, NS 0.042%
012:  LIVERPOOL, NS 0.042%
013:  NEW WATERFORD, NS 0.040%
014:  EASTERN PASSAGE, NS 0.040%

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
First-time Buyer: 28.6%
Qualification: 23.8%
Refinance: 19.0%
Purchase: 14.3%
No Money Down: 9.5%
Renewal: 4.8%
 
Total Application Types Found: 6
 Amherst Mortgage Product Popularity Pie Chart

Age Demographics for Amherst Applicants

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


Incomes for Amherst Applicants

The following figures show the average income of people living in Amherst who have submitted an inquiry using the pre-approval application on CanEquity's web site.

Average annual gross income for
mortgage applicants in Amherst: $41,558.00
applicants within all of Canada: $58,582.39
Difference: ($17,024.39)
  
mortgage co-applicants in Amherst: $30,325.71
co-applicants within all of Canada: $41,225.82
Difference: ($10,900.11)

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

Residential Status for Amherst Mortgages

The chart and pie-graph below depicts the residential status of people living in Amherst who have applied for a mortgage using the online application located at the CanEquity web site.

Residential Status of
Mortgage Applicant
  Percentage
of Inquiries
Rent: 61.9%
Own: 38.1%
Amherst Residential Status Pie Chart

Marital Status for Amherst Mortgages

The information below shows the marital status of applicants from Amherst, Nova Scotia using the mortgage preapproval application found on the CanEquity Mortgage web site. Over 71% of the mortgage applicants are living together with someone, while only 28% are single or separated.

Marital Status of
Mortgage Applicant
  Percentage
of Inquiries
Married: 38.1%
Common-law: 33.3%
Single: 14.3%
Divorced: 9.5%
Separated: 4.8%
Amherst Marital Status Pie Chart