Ontario Mortgage # 10896
Saskatchewan Mortgage # 311514
Real Estate Council of Alberta Authorized
BC Mortgage # X028126
- Last mortgage report update for Montreal: Wednesday, February 1, 2012   
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Montreal Mortgages

Quebec Mortgage Statistics, Graphs and Charts

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Yearly Volume Comparison for Online Mortgages from Montreal

Year Year to Year
Comparison
** National
Contribution
2011: 5.92% 0.05%
2010: 11.85% 0.10%
2009: 20.05% 0.17%
2008: 12.76% 0.11%
2007: 12.98% 0.11%
2006: 10.48% 0.09%
2005: 5.70% 0.05%
2004: 9.34% 0.08%
2003: 6.38% 0.05%
2002: 4.56% 0.04%

Note: ** Total national contribution of Montreal mortgages in the past is currently 0.83% with a projected target of 0.83%.

Monthly Volume History for Mortgages from Montreal

This graph illustrates CanEquity's individual monthly volume history for Internet applications originating from Montreal, QC.


Monthly Volume Report for Montreal Mortgages

Busy Months for Online Mortgages within Montreal

The 6-year bar graph below displays the volumes of online mortgage applications received by CanEquity in each month for all years combined. The busiest months for mortgages from Montreal happen to occur during our first quarter (represented by the brown bars) with 31.66% while our slowest is the fourth quarter (represented by the red bars) with 18.91%.

RankMonth Percentage
of Inquiries
1: March: 12.3%
2: April: 10.7%
3: January: 9.8%
4: May: 9.8%
5: February: 9.6%
6: November: 8.0%
7: September: 7.7%
8: June: 7.5%
9: July: 7.1%
10: August: 6.6%
11: October: 6.2%
12: December: 4.8%
Busy Months Report for Montreal Mortgages

Busy Days for Online Applications within Montreal

The graph listed below shows the busy days for mortgage inquiries that were received by the CanEquity web site. A combined total of all occurrences of each day are represented for the past 5 years. In Montreal, the day with the most volume, generating 21.41% of all inquiries, is Monday. In comparison, Saturday's are the slowest day with only 9.79% of all inquiries.

Rank Day of the
Week
Percentage
of Inquiries
1: Monday: 21.4%
2: Thursday: 17.3%
3: Friday: 14.8%
4: Tuesday: 14.6%
5: Wednesday: 11.6%
6: Sunday: 10.5%
7: Saturday: 9.8%
Busy Days Report for Montreal Mortgages

Peak Hours for Mortgage Applicants within Montreal

Inquiries are received 24 hours a day via the CanEquity web site. The information shown below represents the peak hours within a 24-hour period. The data is taken from all days of all years.


Time Period
(24 Hour)
Percentage
of Inquiries
00:00 to 00:59: 1.4%
01:00 to 01:59: 0.7%
02:00 to 02:59: 0.5%
03:00 to 03:59: 0.7%
04:00 to 04:59: 0.5%
05:00 to 05:59: 1.4%
06:00 to 06:59: 2.3%
07:00 to 07:59: 4.6%
08:00 to 08:59: 5.7%
09:00 to 09:59: 7.5%
10:00 to 10:59: 7.3%
11:00 to 11:59: 6.4%
12:00 to 12:59: 7.7%
13:00 to 13:59: 7.3%
14:00 to 14:59: 7.1%
15:00 to 15:59: 5.7%
16:00 to 16:59: 3.2%
17:00 to 17:59: 3.4%
18:00 to 18:59: 7.3%
19:00 to 19:59: 4.6%
20:00 to 20:59: 5.7%
21:00 to 21:59: 4.8%
22:00 to 22:59: 2.5%
23:00 to 23:59: 2.1%
Peak Hours Graph for Mortgages in Montreal

Quebec Mortgage Originations Compared to all other Provinces


Online Mortgage Origination
for the Province of
Percentage of
applications
Alberta: 20.94%
British Columbia: 10.57%
Manitoba: 2.06%
New Brunswick: 2.43%
Newfoundland and Labrador: 1.25%
Nova Scotia: 3.28%
Northwest Territories: 0.40%
Nunavut: 0.10%
Ontario: 48.07%
Prince Edward Island: 0.53%
Quebec 3.97%
Saskatchewan: 4.94%
Yukon Territories: 0.41%
Montreal Mortgages

Current City Standing within Quebec


Location Contribution
001:  MONTREAL, QC 0.829%
002:  GATINEAU, QC 0.444%
003:  LAVAL, QC 0.198%
004:  DOLLARD-DES-ORMEAUX, QC 0.117%
005:  BROSSARD, QC 0.102%
006:  PIERREFONDS, QC 0.102%

Nearest Settlements


1Mont-Royal, Quebec
2Saint-Lambert, Quebec
3Westmount, Quebec
4Longueuil, Quebec
5Saint-Leonard, Quebec
6Hampstead, Quebec
7Boucherville, Quebec
8Montreal-Nord, Quebec
9Outremont, Quebec
10Montreal-Est, Quebec
11Sainte-Julie, Quebec
12Saint-Laurent, Quebec
13Sainte-Foy, Quebec
14Saint-Hubert, Quebec
15Mascouche, Quebec
16Laval, Quebec
17Dollard-Des-Ormeaux, Quebec
18Boisbriand, Quebec
19Sainte-Therese, Quebec
20Beloeil, Quebec
21Greenfield Park, Quebec
22L'Ile-Bizard, Quebec
23Lorraine, Quebec
24Cote Saint-Luc, Quebec
25Verdun, Quebec
26Rosemere, Quebec
27Roxboro, Quebec
28Pierrefonds, Quebec
29Carignan, Quebec
30Brossard, Quebec
31Vaudreuil-Dorion, Quebec
32Vaudreuil, Quebec
33Saint-Basile-Le-Grand, Quebec
34Pointe-Claire, Quebec
35Terrebonne, Quebec
36Joshville, Ontario
37Saint-Eustache, Quebec
38Dorval, Quebec
39Blainville, Quebec
40Repentigny, Quebec
41Deux-Montagnes, Quebec
42Saint-Constant, Quebec


Product Popularity for Montreal


Mortgage Application
Form Type
  Percentage
of Inquiries
First-time Buyer: 24.1%
Qualification: 21.4%
No Money Down: 13.2%
Renewal: 11.8%
Pre-approval: 8.2%
Refinance: 7.3%
Purchase: 6.6%
Commercial: 2.5%
Variable Rate: 2.5%
Other: 2.3%
 
Total Application Types Found: 15
 Montreal Mortgage Product Popularity Pie Chart

Age Demographics for Montreal Mortgage Applicants

Average age: 38
Oldest age: 78
Youngest age: 21


Incomes for Montreal Mortgage Applicants

The following depicts the average income of Canadians living in Montreal who have applied for a loan using the pre-approval application on CanEquity's web site.

Average annual gross income for
mortgage applicants in Montreal: $65,318.13
applicants within all of Canada: $59,498.47
Difference: $5,819.66
  
mortgage co-applicants in Montreal: $44,984.49
co-applicants within all of Canada: $42,403.13
Difference: $2,581.36

Note: Commercial Mortgages were not included for this section, only residential mortgage loans from Montreal, Quebec were used.

Residential Status for Montreal Mortgages

The chart and pie-graph below depicts the residential status of people living in Montreal who have submitted an inquiry using the pre-approval application on CanEquity's web site.

Residential Status of
Mortgage Applicant
  Percentage
of Inquiries
Rent: 59.5%
Own: 33.0%
Other: 0.7%
No Comment: 3.4%
Live with parents: 3.4%
Montreal Residential Status Pie Chart

Marital Stats for Montreal Mortgages

The following pie chart represents the marital status of applicants from Montreal, Quebec using the preapproval application found on the CanEquity Mortgage web site. Over 53% of the mortgage applicants are either married or living common-law, while only 46% are not married or separated.

Marital Status of
Mortgage Applicant
  Percentage
of Inquiries
Married: 45.8%
Single: 39.2%
Common-law: 7.5%
Divorced: 4.3%
Separated: 2.5%
Widowed: 0.7%
Montreal Marital Status Pie Chart