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

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Pictou Mortgages

Nova Scotia Mortgage Statistics, Graphs and Charts

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Yearly Volume Comparison for Mortgage Applications from Pictou

Year Year to Year
Comparison
** National
Contribution
2008: * 6.67% * 0.00%
2007: 20.00% 0.01%
2006: 13.33% 0.01%
2005: 13.33% 0.01%
2004: 13.33% 0.01%
2003: 6.67% 0.00%
2002: 26.67% 0.01%

Note: * These values are the percentages up to Monday, June 30, 2008. Estimated volume targets for the entire 2008 year are 6.67% and 0.00% respectively. ** Total national contribution of Pictou mortgages in the past is currently 0.05% with a projected target of 0.05%.

Nova Scotia Mortgage Originations Compared to all other Provinces


Online Mortgage Origination
for the Province of
Percentage of
applications
Alberta: 21.08%
British Columbia: 11.39%
Manitoba: 2.10%
New Brunswick: 2.02%
Newfoundland and Labrador: 1.16%
Nova Scotia 2.80%
Northwest Territories: 0.30%
Nunavut: 0.09%
Ontario: 48.59%
Prince Edward Island: 0.38%
Quebec: 3.80%
Saskatchewan: 5.56%
Yukon Territories: 0.21%
Pictou Mortgages

Current City Standing within Nova Scotia


Location Contribution
005:  LOWER SACKVILLE, NS 0.097%
006:  YARMOUTH, NS 0.084%
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%

Nearest Settlements


1Westville, Nova Scotia
2Trenton, Nova Scotia
3Stellarton, Nova Scotia
4Coldbrook, Nova Scotia
5New Glasgow, Nova Scotia
6Annapolis County, Nova Scotia
7Pugwash, Nova Scotia
8Shelburne, Nova Scotia
9Amherst, Nova Scotia
10Debert, Nova Scotia


Product Popularity for Pictou


Mortgage Application
Form Type
  Percentage
of Inquiries
Refinance: 33.3%
Qualification: 26.7%
Fixed Rate: 6.7%
No Money Down: 6.7%
Commercial: 6.7%
First-time Buyer: 6.7%
Investment: 6.7%
Variable Rate: 6.7%
 
Total Application Types Found: 8
 Pictou Mortgage Product Popularity Pie Chart

Age Demographics for Pictou Originated Mortgages

Average age: 37
Oldest age: 67
Youngest age: 23


Incomes for Pictou Originated Mortgages

The amounts below are the average income of people living in Pictou who have submitted a mortgage inquiry using CanEquity's pre-approval application.

Average annual gross income for
mortgage applicants in Pictou: $35,662.31
applicants within all of Canada: $56,539.94
Difference: ($20,877.64)
  
mortgage co-applicants in Pictou: $27,020.89
co-applicants within all of Canada: $39,480.41
Difference: ($12,459.52)

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

Residential Status for Pictou Mortgages

The chart and pie-graph below depicts the residential status of people living in Pictou who have submitted a mortgage inquiry using the pre-approval application on CanEquity's web site.

Residential Status of
Mortgage Applicant
  Percentage
of Inquiries
Rent: 13.3%
Own: 53.3%
Other: 6.7%
No Comment: 20.0%
Live with parents: 6.7%
Pictou Residential Status Pie Chart

Marital Status for Pictou Mortgages

The following pie chart represents the marital status of applicants from Pictou, Nova Scotia using the online mortgage application found on canequity.com. Over 80% of the mortgage applicants are living common-law or married, while only 20% are single, separated or divorced.

Marital Status of
Mortgage Applicant
  Percentage
of Inquiries
Married: 73.3%
Divorced: 6.7%
Separated: 6.7%
Common-law: 6.7%
Single: 6.7%
Pictou Marital Status Pie Chart