Last report update for New Glasgow: Monday, June 30, 2008
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Related Links:
Annapolis County
Antigonish
Coldbrook
Debert
Pictou
Pugwash
Shelburne
Stellarton
Trenton
Westville

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New Glasgow Mortgages

Nova Scotia Mortgage Statistics, Graphs and Charts

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Yearly Volume Comparison for Applications from New Glasgow

Year Year to Year
Comparison
** National
Contribution
2008: * 25.00% * 0.01%
2006: 16.67% 0.01%
2005: 8.33% 0.00%
2004: 16.67% 0.01%
2003: 16.67% 0.01%
2002: 16.67% 0.01%

Note: * These values are the percentages up to Monday, June 30, 2008. Estimated volume targets for the entire 2008 year are 41.67% and 0.02% respectively. ** Total national contribution of New Glasgow mortgages in the past is currently 0.04% with a projected target of 0.04%.

Current City Standing within Nova Scotia


Location Contribution
007:  GLACE BAY, NS 0.064%
008:  BEDFORD, NS 0.052%
009:  EASTERN PASSAGE, NS 0.052%
010:  PICTOU, NS 0.048%
011:  LIVERPOOL, NS 0.042%
012:  NEW GLASGOW, NS 0.039%
013:  NEW WATERFORD, NS 0.039%
014:  AMHERST, NS 0.035%
015:  NEW MINAS, NS 0.032%
016:  BRIDGEWATER, NS 0.032%
017:  ANTIGONISH, NS 0.029%

Nearest Settlements


1Stellarton, Nova Scotia
2Westville, Nova Scotia
3Trenton, Nova Scotia
4Pictou, Nova Scotia
5Shelburne, Nova Scotia
6Antigonish, Nova Scotia
7Coldbrook, Nova Scotia
8Annapolis County, Nova Scotia
9Debert, Nova Scotia
10Pugwash, Nova Scotia
11Merigomish, Nova Scotia


Product Popularity for New Glasgow


Mortgage Application
Form Type
  Percentage
of Inquiries
First-time Buyer: 41.7%
Qualification: 25.0%
No Money Down: 25.0%
Refinance: 8.3%
 
Total Application Types Found: 4
 New Glasgow Mortgage Product Popularity Pie Chart

Age Demographics for New Glasgow Based Mortgages

Average age: 34
Oldest age: 58
Youngest age: 25


Incomes for New Glasgow Based Mortgages

The figures below represent the average income of applicants living in New Glasgow who have submitted a mortgage inquiry using the pre-approval application on CanEquity's web site.

Average annual gross income for
mortgage applicants in New Glasgow: $33,975.00
applicants within all of Canada: $56,539.94
Difference: ($22,564.94)
  
mortgage co-applicants in New Glasgow: $27,705.80
co-applicants within all of Canada: $39,480.41
Difference: ($11,774.61)

Note: Commercial loan amounts were not included for this report, only residential mortgages were used.

Residential Status for New Glasgow Mortgages

The table and pie chart below represents the residential status of people living in New Glasgow who have applied for a home loan using the online application located at the CanEquity web site.

Residential Status of
Mortgage Applicant
  Percentage
of Inquiries
Rent: 50.0%
Own: 33.3%
Other: 8.3%
No Comment: 8.3%
New Glasgow Residential Status Pie Chart

Marital Statistics for New Glasgow Mortgages

The information below shows the marital status of applicants from New Glasgow, 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: 58.3%
Single: 33.3%
Common-law: 8.3%
New Glasgow Marital Status Pie Chart