Last report update for Cornwall: Tuesday, October 14, 2008
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Charlottetown
Ellerslie
Kensington
Kinkora
Miscouche
New London
Stratford
Summerside
York

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Cornwall Mortgages

Prince Edward Island Mortgage Statistics, Graphs and Charts

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Yearly Volume Comparison for Mortgage Applications from Cornwall

Year Year to Year
Comparison
** National
Contribution
2008: * 22.22% * 0.01%
2007: 11.11% 0.00%
2005: 11.11% 0.00%
2004: 22.22% 0.01%
2003: 33.33% 0.01%

Note: * These values are the percentages up to Tuesday, October 14, 2008. Estimated volume targets for the entire 2008 year are 22.22% and 0.01% respectively. ** Total national contribution of Cornwall mortgages in the past is currently 0.03% with a projected target of 0.03%.

Current City Standing within Prince Edward Island


Location Contribution
001:  CHARLOTTETOWN, PE 0.107%
002:  SUMMERSIDE, PE 0.037%
003:  CORNWALL, PE 0.028%
004:  STRATFORD, PE 0.025%
005:  O'LEARY, PE 0.018%
006:  MONTAGUE, PE 0.018%
007:  SOURIS, PE 0.012%
008:  KINKORA, 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: 44.4%
Refinance: 33.3%
Renewal: 11.1%
Qualification: 11.1%
 
Total Application Types Found: 4
 Cornwall Mortgage Product Popularity Pie Chart

Age Demographics for Cornwall Mortgages

Average age: 42
Oldest age: 64
Youngest age: 28


Incomes for Cornwall Mortgages

The numbers below represent the average income of people living in Cornwall who have submitted a mortgage inquiry using the online application located at the CanEquity web site.

Average annual gross income for
mortgage applicants in Cornwall: $44,444.44
applicants within all of Canada: $56,797.27
Difference: ($12,352.83)
  

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

Residential Status for Cornwall Mortgage Applicants

The following depicts the residential status of people living in Cornwall who have applied for a home loan using the online application located at the CanEquity web site.

Residential Status of
Mortgage Applicant
  Percentage
of Inquiries
Rent: 33.3%
Own: 44.4%
Live with parents: 22.2%
Cornwall Residential Status Pie Chart

Marital Status for Cornwall Mortgage Applicants

The following information represents the marital status of applicants from Cornwall, Prince Edward Island using the mortgage application found on the CanEquity Mortgage web site. 77% of the mortgage applicants are living together with someone, while only 22% are not married or separated.

Marital Status of
Mortgage Applicant
  Percentage
of Inquiries
Married: 55.6%
Common-law: 22.2%
Separated: 22.2%
Cornwall Marital Status Pie Chart