Last report update for Parry Sound: Tuesday, May 13, 2008
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Related Links:
Huntsville
Kearney
Nobel
Novar
Port Carling
Port Sydney
Sprucedale

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Parry Sound Mortgages

Ontario Mortgage Statistics, Graphs and Charts

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Yearly Volume Comparison for Mortgage Inquiries from Parry Sound

Year Year to Year
Comparison
** National
Contribution
2008: * 11.11% * 0.01%
2007: 27.78% 0.02%
2006: 22.22% 0.01%
2005: 22.22% 0.01%
2004: 11.11% 0.01%
2003: 5.56% 0.00%

Note: * These values are the percentages up to Tuesday, May 13, 2008. Estimated volume targets for the entire 2008 year are 27.78% and 0.02% respectively. ** Total national contribution of Parry Sound mortgages in the past is currently 0.06% with a projected target of 0.07%.

Ontario Mortgage Originations Compared to all other Provinces


Online Mortgage Origination
for the Province of
Percentage of
applications
Alberta: 21.01%
British Columbia: 11.48%
Manitoba: 2.11%
New Brunswick: 2.02%
Newfoundland and Labrador: 1.14%
Nova Scotia: 2.78%
Northwest Territories: 0.30%
Nunavut: 0.08%
Ontario 48.62%
Prince Edward Island: 0.35%
Quebec: 3.80%
Saskatchewan: 5.59%
Yukon Territories: 0.21%
Parry Sound Mortgages

Current City Standing within Ontario


Location Contribution
107:  KEMPTVILLE, ON 0.060%
108:  NAPANEE, ON 0.060%
109:  BEAMSVILLE, ON 0.060%
110:  PEFFERLAW, ON 0.060%
111:  TOTTENHAM, ON 0.060%
112:  PARRY SOUND, ON 0.060%
113:  BANCROFT, ON 0.060%
114:  GODERICH, ON 0.056%
115:  DUNNVILLE, ON 0.056%
116:  UXBRIDGE, ON 0.056%
117:  KINGSVILLE, ON 0.056%

Nearest Settlements


1Port Carling, Ontario
2Nobel, Ontario
3Port Sydney, Ontario
4Huntsville, Ontario
5Sprucedale, Ontario
6Novar, Ontario
7Kearney, Ontario


Product Popularity for Parry Sound


Mortgage Application
Form Type
  Percentage
of Inquiries
First-time Buyer: 27.8%
Qualification: 22.2%
Renewal: 11.1%
Refinance: 11.1%
Commercial: 11.1%
Second Mortgage: 11.1%
Low Doc: 5.6%
 
Total Application Types Found: 7
 Parry Sound Mortgage Product Popularity Pie Chart

Age Demographics for Parry Sound Originated Mortgages

Average age: 42
Oldest age: 65
Youngest age: 21


Incomes for Parry Sound Originated Mortgages

The figures below represent the average income of applicants living in Parry Sound who have submitted an inquiry using the online application located at the CanEquity web site.

Average annual gross income for
mortgage applicants in Parry Sound: $44,249.07
applicants within all of Canada: $56,384.30
Difference: ($12,135.23)
  
mortgage co-applicants in Parry Sound: $27,448.00
co-applicants within all of Canada: $39,375.53
Difference: ($11,927.53)

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

Residential Status for Parry Sound Mortgage Applicants

The chart and pie-graph below depicts the residential status of people living in Parry Sound who have submitted an inquiry using CanEquity's preapproval application.

Residential Status of
Mortgage Applicant
  Percentage
of Inquiries
Rent: 27.8%
Own: 66.7%
Live with parents: 5.6%
Parry Sound Residential Status Pie Chart

Marital Status for Parry Sound Mortgage Applicants

The following information represents the marital status of applicants from Parry Sound, Ontario using the online mortgage application found at the CanEquity web site. In Parry Sound, over 72% of the mortgage applicants are living together with someone, while only 27% are not living with someone.

Marital Status of
Mortgage Applicant
  Percentage
of Inquiries
Married: 61.1%
Single: 22.2%
Common-law: 11.1%
Separated: 5.6%
Parry Sound Marital Status Pie Chart