Wolfville Mortgage
Information, Statisitics & Reports
Information, Statisitics & Reports
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| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2007: | 28.57% | 0.01% |
| 2006: | 14.29% | 0.00% |
| 2005: | 14.29% | 0.00% |
| 2004: | 14.29% | 0.00% |
| 2003: | 14.29% | 0.00% |
| 2002: | 14.29% | 0.00% |
| Location | Contribution | |
|---|---|---|
| 019: | KENTVILLE, NS | 0.029% |
| 020: | HAMMONDS PLAINS, NS | 0.026% |
| 021: | SHELBURNE, NS | 0.026% |
| 022: | CENTREVILLE, NS | 0.023% |
| 023: | STELLARTON, NS | 0.023% |
| 024: | WOLFVILLE, NS | 0.023% |
| 025: | GREENWOOD, NS | 0.023% |
| 026: | WINDSOR, NS | 0.023% |
| 027: | TIMBERLEA, NS | 0.023% |
| 028: | WEYMOUTH, NS | 0.019% |
| 029: | WESTVILLE, NS | 0.019% |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Qualification: | 28.6% | |
| No Money Down: | 28.6% | |
| Renewal: | 14.3% | |
| Refinance: | 14.3% | |
| First-time Buyer: | 14.3% | |
| Total Application Types Found: 5 | ||
Average age: 41
Oldest age: 61
Youngest age: 29
The amounts shown below represent the average income of applicants living in Wolfville who have submitted an inquiry using the online application located at the CanEquity web site.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Wolfville: | $108,634.86 |
| applicants within all of Canada: | $56,539.94 |
| Difference: | $52,094.91 |
Since the average income of Wolfville is much higher than the national average, we have included the MEDIAN annual gross income for this location. A reason for such a high average is usually due to a high income that is just under our cut-off of acceptable incomes of <$500,000. In rare cases, some applicants may have entered an extra digit (ie. 400000 instead of 40000), which will also sway the averages in smaller areas. In such a case, we will correct the data accordingly.
| Median annual gross income for | |
|---|---|
| mortgage applicants in Wolfville: | $46,000.00 |
| applicants within all of Canada: | $56,539.94 |
| Difference: | ($10,539.94) |
The table and pie chart below represents the residential status of people living in Wolfville who have submitted a mortgage inquiry using CanEquity's online mortgage application.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 42.9% | |
| Own: | 42.9% | |
| No Comment: | 14.3% |
The following table and pie chart represents the marital status of applicants from Wolfville, Nova Scotia using the preapproval application found on canequity.com. Over 71% of the mortgage applicants are living with someone, while only 28% are not living with someone.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 57.1% | |
| Single: | 28.6% | |
| Common-law: | 14.3% |
