Sydney Mortgage
Information, Statisitics & Reports
Information, Statisitics & Reports
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2009: | * 11.54% | * 0.02% |
| 2008: | 7.69% | 0.01% |
| 2007: | 19.23% | 0.03% |
| 2006: | 9.62% | 0.01% |
| 2005: | 17.31% | 0.02% |
| 2004: | 9.62% | 0.01% |
| 2003: | 9.62% | 0.01% |
| 2002: | 15.39% | 0.02% |
This graph depicts the volumes of Internet applications received by CanEquity in each month for all years combined. The busiest months for mortgages from Sydney happen to occur during our first quarter (represented by the brown bars) with 32.69% while our slowest is the fourth quarter (represented by the red bars) with 11.54%.
| Rank | Month | Percentage of Inquiries | |
|---|---|---|---|
| 1: | September: | 17.3% | |
| 2: | May: | 11.5% | |
| 3: | February: | 11.5% | |
| 4: | July: | 11.5% | |
| 5: | March: | 11.5% | |
| 6: | January: | 9.6% | |
| 7: | June: | 9.6% | |
| 8: | November: | 5.8% | |
| 9: | October: | 5.8% | |
| 10: | April: | 3.9% | |
| 11: | August: | 1.9% | |
| 12: | December: | 0.0% |
The bar graph listed below displays the busy days for online mortgage applications that were received by the CanEquity web site. Each day represents a combined total of all occurrences of that day in the past 5 years. In Sydney the busiest day, with approximately 19.23% of all inquiries, is Wednesday. In comparison, Tuesday's are the slowest day with only 9.62% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Wednesday: | 19.2% | |
| 2: | Sunday: | 19.2% | |
| 3: | Friday: | 17.3% | |
| 4: | Monday: | 11.5% | |
| 5: | Thursday: | 11.5% | |
| 6: | Saturday: | 11.5% | |
| 7: | Tuesday: | 9.6% |
Applications are received 24 hours a day from the CanEquity web site. The information shown below indicates the peak hours in the day. The data is taken from all days of all years.
| Time Period (24 Hour) | Percentage of Inquiries |
|---|---|
| 03:00 to 03:59: | 1.9% |
| 04:00 to 04:59: | 3.8% |
| 06:00 to 06:59: | 5.8% |
| 07:00 to 07:59: | 1.9% |
| 08:00 to 08:59: | 3.8% |
| 09:00 to 09:59: | 1.9% |
| 10:00 to 10:59: | 19.2% |
| 11:00 to 11:59: | 9.6% |
| 12:00 to 12:59: | 7.7% |
| 13:00 to 13:59: | 7.7% |
| 14:00 to 14:59: | 3.8% |
| 15:00 to 15:59: | 7.7% |
| 16:00 to 16:59: | 5.8% |
| 17:00 to 17:59: | 9.6% |
| 18:00 to 18:59: | 3.8% |
| 19:00 to 19:59: | 3.8% |
| 23:00 to 23:59: | 1.9% |
| Online Mortgage Origination for the Province of | Percentage of applications |
|---|---|
| Alberta: | 21.30% |
| British Columbia: | 10.97% |
| Manitoba: | 2.11% |
| New Brunswick: | 2.03% |
| Newfoundland and Labrador: | 1.12% |
| Nova Scotia: | 2.78% |
| Northwest Territories: | 0.32% |
| Nunavut: | 0.09% |
| Ontario: | 49.00% |
| Prince Edward Island: | 0.40% |
| Quebec: | 3.87% |
| Saskatchewan: | 5.19% |
| Yukon Territories: | 0.22% |
| Location | Contribution | |
|---|---|---|
| 001: | HALIFAX, NS | 0.393% |
| 002: | DARTMOUTH, NS | 0.303% |
| 003: | SYDNEY, NS | 0.138% |
| 004: | LOWER SACKVILLE, NS | 0.109% |
| 005: | TRURO, NS | 0.101% |
| 006: | YARMOUTH, NS | 0.090% |
| 007: | GLACE BAY, NS | 0.061% |
| 008: | BEDFORD, NS | 0.048% |
| 1 | North Sydney, Nova Scotia |
| 2 | Reserve Mines, Nova Scotia |
| 3 | New Waterford, Nova Scotia |
| 4 | Baddeck, Nova Scotia |
| 5 | Sydney Mines, Nova Scotia |
| 6 | Dominion, Nova Scotia |
| 7 | Georges River, Nova Scotia |
| 8 | Glace Bay, Nova Scotia |
| 9 | Northside East Bay, Nova Scotia |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Qualification: | 32.7% | |
| First-time Buyer: | 19.2% | |
| No Money Down: | 15.4% | |
| Refinance: | 13.5% | |
| Purchase: | 7.7% | |
| Fixed Rate: | 1.9% | |
| Pre-approval: | 1.9% | |
| Second Mortgage: | 1.9% | |
| Renewal: | 1.9% | |
| Home Renovation: | 1.9% | |
| Variable Rate: | 1.9% | |
| Total Application Types Found: 11 | ||
Average age: 41
Oldest age: 85
Youngest age: 21
The amounts below are the average income of Canadians living in Sydney who have submitted a mortgage inquiry using CanEquity's online mortgage application.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Sydney: | $41,409.20 |
| applicants within all of Canada: | $57,859.84 |
| Difference: | ($16,450.64) |
| mortgage co-applicants in Sydney: | $28,328.52 |
| co-applicants within all of Canada: | $40,716.04 |
| Difference: | ($12,387.52) |
The table and pie chart below represents the residential status of people living in Sydney who have submitted a mortgage inquiry using the CanEquity mortgage application.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 46.2% | |
| Own: | 40.4% | |
| No Comment: | 7.7% | |
| Live with parents: | 5.8% |
The pie chart below represents the marital status of applicants from Sydney, Nova Scotia using the online mortgage application found on the CanEquity Mortgage web site. 57% of the mortgage applicants are living common-law or married, while only 26% are not living with someone.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 40.4% | |
| Single: | 19.2% | |
| Common-law: | 17.3% | |
| Widowed: | 15.4% | |
| Separated: | 5.8% | |
| Divorced: | 1.9% |
