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

Nova Scotia Mortgage Statistics, Graphs and Charts

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Yearly Volume Comparison for Online Mortgages from Dartmouth

Year Year to Year
Comparison
** National
Contribution
2010: * 4.84% * 0.01%
2009: 13.71% 0.04%
2008: 11.29% 0.03%
2007: 10.48% 0.03%
2006: 18.55% 0.05%
2005: 9.68% 0.03%
2004: 12.90% 0.04%
2003: 9.68% 0.03%
2002: 8.87% 0.03%

Note: * These values are the percentages up to Wednesday, March 17, 2010. Estimated volume targets for the entire 2010 year are 20.97% and 0.06% respectively. ** Total national contribution of Dartmouth mortgages in the past is currently 0.29% with a projected target of 0.34%.

Busy Months for Online Applications within Dartmouth

The following bar graph represents the volumes of applications received by CanEquity in each month for all years combined. The busiest months for mortgages from Dartmouth seem to occur during our first quarter (represented by the brown bars) with 32.26% while our slowest is the fourth quarter (represented by the red bars) with 17.74%.

RankMonth Percentage
of Inquiries
1: March: 12.9%
2: February: 12.1%
3: April: 11.3%
4: September: 10.5%
5: May: 9.7%
6: July: 8.1%
7: January: 7.3%
8: October: 7.3%
9: December: 5.7%
10: June: 5.7%
11: November: 4.8%
12: August: 4.8%
Busy Months Report for Dartmouth Mortgages

Busy Days for Mortgages within Dartmouth

The information below compares the busy days for online inquiries that were received by CanEquity's web site. Each day is a total combined representation of the last 5 years of all occurrences of that day. In Dartmouth the busiest day of the week, with 19.35% of all submissions, is Tuesday. In comparison, Sunday's are the slowest day with only 9.68% of all inquiries.

Rank Day of the
Week
Percentage
of Inquiries
1: Tuesday: 19.4%
2: Wednesday: 17.7%
3: Saturday: 13.7%
4: Thursday: 13.7%
5: Monday: 12.9%
6: Friday: 12.9%
7: Sunday: 9.7%
Busy Days Report for Dartmouth Mortgages

Peak Hours for Mortgage Applicants within Dartmouth

In Dartmouth, applications are received 24 hours a day from the CanEquity web site. The statistics shown below represents the peak hours over a 24-hour period. The data is taken from all days of all years. Only 29.0% of all mortgages are received before noon, while 56.5% arrive in the afternoon.


Time Period
(24 Hour)
Percentage
of Inquiries
00:00 to 00:59: 0.8%
02:00 to 02:59: 0.8%
03:00 to 03:59: 1.6%
05:00 to 05:59: 3.2%
06:00 to 06:59: 8.1%
07:00 to 07:59: 5.6%
08:00 to 08:59: 4.0%
09:00 to 09:59: 4.8%
10:00 to 10:59: 3.2%
11:00 to 11:59: 11.3%
12:00 to 12:59: 7.3%
13:00 to 13:59: 8.9%
14:00 to 14:59: 4.0%
15:00 to 15:59: 4.0%
16:00 to 16:59: 5.6%
17:00 to 17:59: 6.5%
18:00 to 18:59: 7.3%
19:00 to 19:59: 3.2%
20:00 to 20:59: 3.2%
21:00 to 21:59: 2.4%
22:00 to 22:59: 1.6%
23:00 to 23:59: 2.4%
Peak Hours Graph for Mortgages in Dartmouth

Note: Only hours that have had mortgages from Dartmouth, 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%
Dartmouth Mortgages

Current City Standing within Nova Scotia


Location Contribution
001:  HALIFAX, NS 0.406%
002:  DARTMOUTH, NS 0.291%
003:  SYDNEY, NS 0.141%
004:  TRURO, NS 0.117%
005:  LOWER SACKVILLE, NS 0.115%
006:  YARMOUTH, NS 0.092%
007:  GLACE BAY, NS 0.063%

Nearest Settlements


1Halifax, Nova Scotia
2Lake Echo, Nova Scotia
3Porters Lake, Nova Scotia
4Beaver Bank, Nova Scotia
5Lower Sackville, Nova Scotia
6Fall River, Nova Scotia
7Wilmot, Nova Scotia
8Eastern Passage, Nova Scotia
9Mineville, Nova Scotia
10Enfield, Nova Scotia
11Hammonds Plains, Nova Scotia
12Wellington, Nova Scotia
13Bedford, Nova Scotia
14Timberlea, Nova Scotia
15Head Of Chezzetcook, Nova Scotia
16Elmsdale, Nova Scotia
17Musquodoboit Harbour, Nova Scotia
18Shearwater, Nova Scotia
19Hubbards, Nova Scotia
20Cow Bay, Nova Scotia
21Lawrencetown, Nova Scotia
22Middle Sackville, Nova Scotia
23Nine Mile River, Nova Scotia
24Williamswood, Nova Scotia
25Prospect Bay, Nova Scotia
26Shubenacadie, Nova Scotia
27Upper Tantallon, Nova Scotia
28Stillwater Lake, Nova Scotia
29Seabright, Nova Scotia
30Tantallon, Nova Scotia
31Stewiacke, Nova Scotia
32Sackville, Nova Scotia
33Mount Uniacke, Nova Scotia
34Lantz, Nova Scotia
35Truro, Nova Scotia
36Mahone Bay, Nova Scotia
37Chester, Nova Scotia


Product Popularity for Dartmouth


Mortgage Application
Form Type
  Percentage
of Inquiries
Refinance: 25.0%
Qualification: 22.6%
First-time Buyer: 16.1%
Renewal: 15.3%
No Money Down: 14.5%
Purchase: 3.2%
Variable Rate: 1.6%
Other: 1.6%
 
Total Application Types Found: 9
 Dartmouth Mortgage Product Popularity Pie Chart

Age Demographics for Dartmouth Mortgage Applicants

Average age: 38
Oldest age: 68
Youngest age: 22


Incomes for Dartmouth Mortgage Applicants

The amounts shown below represent the average income of applicants living in Dartmouth who have applied for a loan using the online application located at the CanEquity web site.

Average annual gross income for
mortgage applicants in Dartmouth: $54,449.36
applicants within all of Canada: $58,582.39
Difference: ($4,133.02)
  
mortgage co-applicants in Dartmouth: $38,150.82
co-applicants within all of Canada: $41,225.82
Difference: ($3,075.00)

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

Residential Status for Dartmouth Mortgages

The pie chart below shows the residential status of people living in Dartmouth who have submitted an inquiry using the pre-approval application on the CanEquity Mortgage web site.

Residential Status of
Mortgage Applicant
  Percentage
of Inquiries
Rent: 39.5%
Own: 48.4%
Other: 2.4%
No Comment: 5.6%
Live with parents: 4.0%
Dartmouth Residential Status Pie Chart

Marital Stats for Dartmouth Mortgages

The information below shows the marital status of applicants from Dartmouth, Nova Scotia using the mortgage preapproval application found on the CanEquity Mortgage web site. In Dartmouth, over 70% of the mortgage applicants are living common-law or married, while only 29% are not living with someone.

Marital Status of
Mortgage Applicant
  Percentage
of Inquiries
Married: 53.2%
Single: 22.6%
Common-law: 17.7%
Divorced: 3.2%
Separated: 3.2%
Dartmouth Marital Status Pie Chart