Last report update for New Waterford: Monday, June 30, 2008
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Related Links:
Baddeck
Dominion
Georges River
Glace Bay
North Sydney
Northside East Bay
Reserve Mines
Sydney
Sydney Mines

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New Waterford Mortgages

Nova Scotia Mortgage Statistics, Graphs and Charts

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Yearly Volume Comparison for Applications from New Waterford

Year Year to Year
Comparison
** National
Contribution
2008: * 8.33% * 0.00%
2007: 8.33% 0.00%
2006: 25.00% 0.01%
2005: 16.67% 0.01%
2003: 25.00% 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 8.33% and 0.00% respectively. ** Total national contribution of New Waterford mortgages in the past is currently 0.04% with a projected target of 0.04%.

Current City Standing within Nova Scotia


Location Contribution
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%
018:  MIDDLETON, NS 0.029%

Nearest Settlements


1Dominion, Nova Scotia
2Reserve Mines, Nova Scotia
3North Sydney, Nova Scotia
4Glace Bay, Nova Scotia
5Sydney, Nova Scotia
6Georges River, Nova Scotia
7Baddeck, Nova Scotia
8Sydney Mines, Nova Scotia
9Northside East Bay, Nova Scotia


Product Popularity for New Waterford


Mortgage Application
Form Type
  Percentage
of Inquiries
Qualification: 25.0%
First-time Buyer: 25.0%
No Money Down: 16.7%
Renewal: 8.3%
Refinance: 8.3%
Purchase: 8.3%
Commercial: 8.3%
 
Total Application Types Found: 7
 New Waterford Mortgage Product Popularity Pie Chart

Age Demographics for New Waterford Mortgages

Average age: 33
Oldest age: 58
Youngest age: 22


Incomes for New Waterford Mortgages

The information below represents the average income of Canadians living in New Waterford who have applied for a home loan using the pre-approval application on the CanEquity Mortgage web site.

Average annual gross income for
mortgage applicants in New Waterford: $31,272.73
applicants within all of Canada: $56,539.94
Difference: ($25,267.22)
  
mortgage co-applicants in New Waterford: $20,220.00
co-applicants within all of Canada: $39,480.41
Difference: ($19,260.41)

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

Residential Status for New Waterford Based Mortgages

The following table represents the residential status of people living in New Waterford who have applied for a mortgage loan using the pre-approval application on CanEquity's web site.

Residential Status of
Mortgage Applicant
  Percentage
of Inquiries
Rent: 50.0%
Own: 33.3%
No Comment: 8.3%
Live with parents: 8.3%
New Waterford Residential Status Pie Chart

Marital Status for New Waterford Based Mortgages

The pie chart below represents the marital status of applicants from New Waterford, Nova Scotia using the mortgage application found at the CanEquity web site. In New Waterford, 41% of the mortgage applicants are either married or living common-law, while only 50% are not living with someone.

Marital Status of
Mortgage Applicant
  Percentage
of Inquiries
Single: 41.7%
Married: 25.0%
Common-law: 16.7%
Widowed: 8.3%
Separated: 8.3%
New Waterford Marital Status Pie Chart