Last report update for Eastern Passage: Sunday, March 21, 2010
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Eastern Passage Mortgage
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Eastern Passage Mortgages

Nova Scotia Mortgage Statistics, Graphs and Charts

Map of Eastern Passage requires Adobe Flash Player 7 or higher.

Yearly Volume Comparison for Online Mortgages from Eastern Passage

Year Year to Year
Comparison
** National
Contribution
2009: 5.88% 0.00%
2008: 5.88% 0.00%
2007: 5.88% 0.00%
2006: 11.77% 0.01%
2005: 5.88% 0.00%
2004: 23.53% 0.01%
2003: 23.53% 0.01%
2002: 17.65% 0.01%

Note: ** Total national contribution of Eastern Passage mortgages in the past is currently 0.04% with a projected target of 0.04%.

Nova Scotia Mortgage Originations Compared to all other Provinces


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%
Eastern Passage Mortgages

Current City Standing within Nova Scotia


Location Contribution
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%
015:  BRIDGEWATER, NS 0.037%
016:  NEW MINAS, NS 0.035%
017:  WOLFVILLE, NS 0.035%
018:  KENTVILLE, NS 0.033%
019:  ANTIGONISH, NS 0.030%

Nearest Settlements


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


Product Popularity for Eastern Passage


Mortgage Application
Form Type
  Percentage
of Inquiries
First-time Buyer: 35.3%
Refinance: 23.5%
Qualification: 17.6%
Renewal: 5.9%
Purchase: 5.9%
Home Renovation: 5.9%
No Money Down: 5.9%
 
Total Application Types Found: 7
 Eastern Passage Mortgage Product Popularity Pie Chart

Age Demographics for Eastern Passage Mortgage Applicants

Average age: 32
Oldest age: 47
Youngest age: 24


Incomes for Eastern Passage Mortgage Applicants

The amounts below are the average income of Canadians living in Eastern Passage who have submitted an inquiry using CanEquity's pre-approval application.

Average annual gross income for
mortgage applicants in Eastern Passage: $42,482.35
applicants within all of Canada: $58,592.40
Difference: ($16,110.05)
  
mortgage co-applicants in Eastern Passage: $40,707.14
co-applicants within all of Canada: $41,278.89
Difference: ($571.75)

Note: Commercial loans were not included for this section, only residential mortgages from Eastern Passage, Nova Scotia were used.

Residential Status for Eastern Passage Mortgages

The table and pie chart below represents the residential status of people living in Eastern Passage who have applied for a home loan using CanEquity's online mortgage application.

Residential Status of
Mortgage Applicant
  Percentage
of Inquiries
Rent: 17.6%
Own: 52.9%
No Comment: 17.6%
Live with parents: 11.8%
Eastern Passage Residential Status Pie Chart

Marital Statistics for Eastern Passage Mortgages

The pie chart below represents the marital status of applicants from Eastern Passage, Nova Scotia using the mortgage application located at the CanEquity web site. Approximately 70% of the mortgage applicants are living common-law or married, while only 29% are single, separated or divorced.

Marital Status of
Mortgage Applicant
  Percentage
of Inquiries
Married: 52.9%
Single: 23.5%
Common-law: 17.6%
Divorced: 5.9%
Eastern Passage Marital Status Pie Chart