Last report update for New Glasgow: Sunday, March 21, 2010
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New Glasgow Mortgages

Nova Scotia Mortgage Statistics, Graphs and Charts

Map of New Glasgow requires Adobe Flash Player 7 or higher.

Yearly Volume Comparison for Mortgage Inquiries from New Glasgow

Year Year to Year
Comparison
** National
Contribution
2010: * 11.11% * 0.01%
2009: 16.67% 0.01%
2008: 22.22% 0.01%
2006: 11.11% 0.01%
2005: 5.56% 0.00%
2004: 11.11% 0.01%
2003: 11.11% 0.01%
2002: 11.11% 0.01%

Note: * These values are the percentages up to Sunday, March 21, 2010. Estimated volume targets for the entire 2010 year are 44.44% and 0.02% respectively. ** Total national contribution of New Glasgow mortgages in the past is currently 0.04% with a projected target of 0.06%.

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%
New Glasgow Mortgages

Current City Standing within Nova Scotia


Location Contribution
006:  YARMOUTH, NS 0.094%
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%
015:  BRIDGEWATER, NS 0.037%
016:  NEW MINAS, NS 0.035%

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: 38.9%
Qualification: 33.3%
No Money Down: 22.2%
Refinance: 5.6%
 
Total Application Types Found: 4
 New Glasgow Mortgage Product Popularity Pie Chart

Age Demographics for New Glasgow Mortgage Applicants

Average age: 33
Oldest age: 58
Youngest age: 21


Incomes for New Glasgow Mortgage Applicants

The numbers below represent the average income of applicants living in New Glasgow who have applied for a loan using CanEquity's pre-approval application.

Average annual gross income for
mortgage applicants in New Glasgow: $40,189.56
applicants within all of Canada: $58,592.40
Difference: ($18,402.85)
  
mortgage co-applicants in New Glasgow: $25,869.86
co-applicants within all of Canada: $41,278.89
Difference: ($15,409.04)

Note: Commercial loans were not included for this survey, only residential mortgage loans were used.

Residential Status for New Glasgow Applicants

The chart and pie-graph below depicts the residential status of people living in New Glasgow who have applied for a loan using the pre-approval application on CanEquity's web site.

Residential Status of
Mortgage Applicant
  Percentage
of Inquiries
Rent: 55.6%
Own: 27.8%
Other: 5.6%
No Comment: 5.6%
Live with parents: 5.6%
New Glasgow Residential Status Pie Chart

Marital Statistics for New Glasgow Applicants

The following table and pie chart represents the marital status of applicants from New Glasgow, Nova Scotia using the preapproval application found on the CanEquity Mortgage web site. 55% of the mortgage applicants are living with someone, while only 44% are not living with someone.

Marital Status of
Mortgage Applicant
  Percentage
of Inquiries
Single: 44.4%
Married: 44.4%
Common-law: 11.1%
New Glasgow Marital Status Pie Chart