Last report update for Cornwall: Wednesday, March 17, 2010
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Charlottetown
Ellerslie
Kensington
Kinkora
Miscouche
New London
Stratford
Summerside
York


Cornwall Mortgages

Prince Edward Island Mortgage Statistics, Graphs and Charts

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Yearly Volume Comparison for Mortgages from Cornwall

Year Year to Year
Comparison
** National
Contribution
2008: 36.36% 0.01%
2007: 9.09% 0.00%
2005: 9.09% 0.00%
2004: 18.18% 0.01%
2003: 27.27% 0.01%

Note: ** Total national contribution of Cornwall mortgages in the past is currently 0.02% with a projected target of 0.02%.

Current City Standing within Prince Edward Island


Location Contribution
001:  CHARLOTTETOWN, PE 0.153%
002:  SUMMERSIDE, PE 0.040%
003:  STRATFORD, PE 0.028%
004:  CORNWALL, PE 0.026%
005:  O'LEARY, PE 0.019%
006:  MONTAGUE, PE 0.016%
007:  SOURIS, PE 0.014%
008:  GEORGETOWN, PE 0.012%
009:  KENSINGTON, PE 0.012%

Nearest Settlements


1Charlottetown, Prince Edward Island
2Kinkora, Prince Edward Island
3Summerside, Prince Edward Island
4Stratford, Prince Edward Island
5York, Prince Edward Island
6Ellerslie, Prince Edward Island
7Miscouche, Prince Edward Island
8Kensington, Prince Edward Island
9New London, Prince Edward Island


Product Popularity for Cornwall


Mortgage Application
Form Type
  Percentage
of Inquiries
First-time Buyer: 36.4%
Renewal: 27.3%
Refinance: 27.3%
Qualification: 9.1%
 
Total Application Types Found: 4
 Cornwall Mortgage Product Popularity Pie Chart

Age Demographics for Cornwall Mortgages

Average age: 40
Oldest age: 64
Youngest age: 28


Incomes for Cornwall Mortgages

The numbers below represent the average income of people living in Cornwall who have applied for a home loan using the pre-approval application on CanEquity's web site.

Average annual gross income for
mortgage applicants in Cornwall: $47,272.73
applicants within all of Canada: $58,582.39
Difference: ($11,309.66)
  
mortgage co-applicants in Cornwall: $25,750.00
co-applicants within all of Canada: $41,225.82
Difference: ($15,475.82)

Note: Commercial loan amounts were not included for this section, only residential mortgage loan amounts from Cornwall, Prince Edward Island were used.

Residential Status for Cornwall Mortgages

The information below represents the residential status of people living in Cornwall who have submitted an inquiry using the pre-approval application on CanEquity's web site.

Residential Status of
Mortgage Applicant
  Percentage
of Inquiries
Rent: 27.3%
Own: 54.5%
Live with parents: 18.2%
Cornwall Residential Status Pie Chart

Marital Status for Cornwall Mortgages

The pie chart below represents the marital status of applicants from Cornwall, Prince Edward Island using the mortgage application found on canequity.com. In Cornwall, 81% of the mortgage applicants are living together with someone, while only 18% are not married or separated.

Marital Status of
Mortgage Applicant
  Percentage
of Inquiries
Married: 63.6%
Common-law: 18.2%
Separated: 18.2%
Cornwall Marital Status Pie Chart