Quebec Mortgage
Information, Statisitics & Reports
Information, Statisitics & Reports
Disclaimer:
CanEquity Mortgage has compiled the following data for educational and informational purposes as outlined in our privacy policy. All names, street and e-mail addresses, telephone numbers, dates of birth, and other forms of identification have been removed before the following data was compiled. These statistics are anonymous and contain no personal information, and cannot be used to gather such information.
The statistics gathered are from CanEquity’s web site and do not include inquiries via fax, e-mail, contact forms, phone-ins or walk-ins. The statistics gathered represent the growing Internet usage and mortgage trends found within Canada.
All information, charts and graphs represented are deemed accurate and reliable but no warranty or guarantee is implied. Data may be noticeably affected from time to time by changes in CanEquity Mortgage marketing efforts. Data may also be affected by Internet connectivity, outages and service (or lack of) to areas within Canada. The range of data collected is from 30,000 to 60,000 mortgage applicants from across Canada. All data has a deviation of +/- 1.00% for added anonymity. No statistic contained herein represents a single person.
This information may be used freely for educational or non-commercial use. For more information about this service, please e-mail marketing@canequity.com. Copyright © 2001-2009 CEG Research, The Canadian Equity Group Inc.
| Year | Volume Comparison | ** National Contribution |
|---|---|---|
| 2010: | * 3.43% | * 0.14% |
| 2009: | 22.01% | 0.89% |
| 2008: | 13.85% | 0.56% |
| 2007: | 15.56% | 0.63% |
| 2006: | 12.37% | 0.50% |
| 2005: | 10.06% | 0.41% |
| 2004: | 10.18% | 0.41% |
| 2003: | 7.63% | 0.31% |
| 2002: | 4.91% | 0.20% |
The following shows the individual monthly volume history for Internet applications submitted from Quebec.
The following represents the volumes of applications received by CanEquity in each month for all years combined. The busiest months for mortgages occur during our first quarter (represented by the brown bars) with 31.36% while our slowest is the third quarter (represented by the blue bars) with 20.12%.
| Rank | Month | Percentage of Inquiries | |
|---|---|---|---|
| 1: | January: | 13.0% | |
| 2: | April: | 10.9% | |
| 3: | March: | 10.2% | |
| 4: | May: | 9.1% | |
| 5: | November: | 8.6% | |
| 6: | February: | 8.2% | |
| 7: | October: | 7.7% | |
| 8: | September: | 7.3% | |
| 9: | June: | 6.8% | |
| 10: | August: | 6.7% | |
| 11: | July: | 6.2% | |
| 12: | December: | 5.6% |
The information below plots the busy days for Internet applications that were received by CanEquity's web site. Each day represents a combined total of all occurrences of that day in the past 5 years. In Quebec the busiest day of the week, with 18.34% of all inquiries, is Monday. In comparison, Sunday's are the slowest day with only 9.11% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Monday: | 18.3% | |
| 2: | Tuesday: | 18.3% | |
| 3: | Thursday: | 15.6% | |
| 4: | Wednesday: | 15.2% | |
| 5: | Friday: | 13.1% | |
| 6: | Saturday: | 10.4% | |
| 7: | Sunday: | 9.1% |
In Quebec, mortgage applications are received 24 hours a day from the CanEquity web site. The time periods below indicates the busy hours in the day. The data is taken from all days of all years.
| Time Period (24 Hour) | Percentage of Inquiries |
|---|---|
| 00:00 to 00:59: | 1.3% |
| 01:00 to 01:59: | 0.5% |
| 02:00 to 02:59: | 0.2% |
| 03:00 to 03:59: | 0.7% |
| 04:00 to 04:59: | 0.5% |
| 05:00 to 05:59: | 1.5% |
| 06:00 to 06:59: | 3.1% |
| 07:00 to 07:59: | 5.4% |
| 08:00 to 08:59: | 7.3% |
| 09:00 to 09:59: | 6.9% |
| 10:00 to 10:59: | 9.0% |
| 11:00 to 11:59: | 7.1% |
| 12:00 to 12:59: | 7.0% |
| 13:00 to 13:59: | 7.1% |
| 14:00 to 14:59: | 5.3% |
| 15:00 to 15:59: | 5.3% |
| 16:00 to 16:59: | 3.8% |
| 17:00 to 17:59: | 4.8% |
| 18:00 to 18:59: | 6.2% |
| 19:00 to 19:59: | 5.0% |
| 20:00 to 20:59: | 4.6% |
| 21:00 to 21:59: | 3.9% |
| 22:00 to 22:59: | 2.2% |
| 23:00 to 23:59: | 1.3% |
| Online Mortgage Origination for the Province of | Percentage in Comparison |
|---|---|
| Alberta: | 521.9% |
| British Columbia: | 269.6% |
| Manitoba: | 51.9% |
| New Brunswick: | 51.8% |
| Newfoundland and Labrador: | 28.2% |
| Nova Scotia: | 71.4% |
| Northwest Territories: | 7.8% |
| Nunavut: | 2.1% |
| Ontario: | 1205.7% |
| Prince Edward Island: | 10.7% |
| Quebec: | 100.0% |
| Saskatchewan: | 125.5% |
| Yukon Territories: | 6.2% |
| City or Town within the province of Quebec | Percentage of Inquiries | Average Age | Average Income | Average Co-Income | Average Home Loan | |
|---|---|---|---|---|---|---|
| 001: | MONTREAL, QC | 21.775% | 37 | $66,770.09 | $45,294.42 | $221,675.93 |
| 002: | GATINEAU, QC | 11.183% | 37 | $58,374.98 | $41,234.48 | $160,660.91 |
| 003: | LAVAL, QC | 4.615% | 39 | $61,384.84 | $41,965.00 | $155,528.75 |
| 004: | DOLLARD-DES-ORMEAUX, QC | 3.314% | 39 | $60,282.55 | $40,583.35 | $185,921.93 |
| 005: | BROSSARD, QC | 2.604% | 41 | $59,555.59 | $43,218.18 | $165,567.57 |
| 006: | PIERREFONDS, QC | 2.604% | 41 | $54,448.91 | $40,470.00 | $152,376.16 |
| 007: | LASALLE, QC | 2.130% | 36 | $58,392.26 | $36,700.00 | $178,701.62 |
| 008: | QUEBEC CITY, QC | 1.834% | 39 | $60,807.46 | $46,513.27 | $173,866.00 |
| 009: | POINTE-CLAIRE, QC | 1.598% | 45 | $75,624.23 | $42,333.33 | $174,411.56 |
| 010: | SAINT-LAURENT, QC | 1.538% | 44 | $61,212.60 | $51,043.45 | $201,848.88 |
| 011: | LONGUEUIL, QC | 1.479% | 42 | $67,897.04 | $41,012.17 | $212,581.25 |
| 012: | SAINT-LEONARD, QC | 1.302% | 42 | $54,196.81 | $79,114.86 | $261,815.79 |
| 013: | VERDUN, QC | 1.243% | 33 | $46,730.05 | $36,000.00 | $190,244.44 |
| 014: | SHERBROOKE, QC | 1.183% | 38 | $48,445.32 | $26,500.00 | $154,489.47 |
| 015: | LACHINE, QC | 1.006% | 35 | $49,144.35 | $44,100.00 | $127,600.00 |
| 016: | AYLMER, QC | 1.006% | 37 | $57,682.35 | $39,160.00 | $111,243.75 |
| 017: | KIRKLAND, QC | 0.888% | 39 | $78,086.67 | $52,125.00 | $175,742.86 |
| 018: | SAINT-LAZARE, QC | 0.828% | 42 | $71,142.86 | $60,125.00 | $152,729.92 |
| 019: | COTE SAINT-LUC, QC | 0.828% | 40 | $61,322.50 | $34,352.43 | $247,354.67 |
| 020: | CHATEAUGUAY, QC | 0.828% | 36 | $41,253.85 | $38,736.40 | $103,607.82 |
| 021: | HULL, QC | 0.769% | 36 | $60,423.31 | $31,202.00 | $130,998.50 |
| 022: | DORVAL, QC | 0.710% | 42 | $65,970.83 | $31,400.00 | $175,250.00 |
| 023: | BEACONSFIELD, QC | 0.651% | 44 | $102,681.82 | n/a | $237,727.27 |
| 024: | BLAINVILLE, QC | 0.592% | 35 | $79,640.00 | $31,983.00 | $187,600.00 |
| 025: | SAINT-JEAN-SUR-RICHELIEU, QC | 0.592% | 40 | $87,523.78 | $59,600.00 | $193,625.00 |
| 026: | DEUX-MONTAGNES, QC | 0.592% | 34 | $48,400.00 | $39,346.25 | $171,375.00 |
| 027: | PINCOURT, QC | 0.533% | 35 | $51,352.44 | $33,000.00 | $109,333.33 |
| 028: | OUTREMONT, QC | 0.533% | 38 | $79,814.50 | $44,333.33 | $220,900.00 |
| 029: | GREENFIELD PARK, QC | 0.533% | 38 | $43,655.56 | $23,000.00 | $151,914.29 |
| 030: | L'ILE-BIZARD, QC | 0.533% | 44 | $62,483.00 | n/a | $240,411.11 |
| 031: | SAINT-HUBERT, QC | 0.533% | 40 | $95,080.44 | $46,062.86 | $133,240.14 |
| 032: | VAUDREUIL-DORION, QC | 0.473% | 45 | $63,512.00 | $126,833.33 | $204,647.13 |
| 033: | WESTMOUNT, QC | 0.473% | 40 | $70,343.75 | $55,000.00 | $357,875.00 |
| 034: | SAINT-SAUVEUR, QC | 0.473% | 39 | $79,375.00 | $64,833.33 | $149,717.57 |
| 035: | CHAMBLY, QC | 0.473% | 33 | $68,696.14 | $24,750.00 | $198,416.67 |
| 036: | SAINT-NICOLAS, QC | 0.473% | 37 | $66,125.00 | $32,833.33 | $107,142.86 |
| 037: | CHELSEA, QC | 0.414% | 45 | $75,142.86 | $52,500.00 | $131,986.86 |
| 038: | SAINT-EUSTACHE, QC | 0.414% | 38 | $60,933.33 | $37,300.00 | $135,070.00 |
| 039: | REPENTIGNY, QC | 0.414% | 37 | $62,571.43 | n/a | $206,000.00 |
| 040: | NOTRE-DAME-DE-L'ILE-PERROT, QC | 0.414% | 37 | $75,428.57 | n/a | $260,263.33 |
| 041: | GASPE, QC | 0.414% | 31 | $38,400.00 | $39,689.60 | $82,500.00 |
| 042: | SAINTE-ANNE-DE-BELLEVUE, QC | 0.355% | 39 | $59,876.67 | n/a | $127,500.00 |
| 043: | SAINT-LAMBERT, QC | 0.355% | 39 | $66,900.00 | n/a | $238,333.33 |
| 044: | MIRABEL, QC | 0.355% | 44 | $49,160.00 | $34,356.00 | $122,300.00 |
| 045: | LACHUTE, QC | 0.296% | 48 | $50,993.20 | $30,345.00 | $93,812.80 |
| 046: | SEPT-ILES, QC | 0.296% | 36 | $67,700.00 | n/a | $69,625.00 |
| 047: | LEVIS, QC | 0.296% | 39 | $69,800.00 | $46,000.00 | $366,666.67 |
| 048: | ROXBORO, QC | 0.296% | 39 | $39,200.00 | $20,000.00 | $213,750.00 |
| 049: | TERREBONNE, QC | 0.296% | 43 | $39,440.00 | $52,896.00 | $108,091.33 |
| 050: | SAINTE-JULIE, QC | 0.296% | 36 | $58,421.50 | $36,750.00 | $96,625.00 |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Qualification: | 19.1% | |
| First-time Buyer: | 17.6% | |
| Refinance: | 17.5% | |
| Renewal: | 13.3% | |
| No Money Down: | 11.7% | |
| Pre-approval: | 7.1% | |
| Purchase: | 6.2% | |
| Variable Rate: | 2.0% | |
| Commercial: | 1.2% | |
| Investment: | 0.9% | |
| Equity Mortgage: | 0.9% | |
| Other: | 2.8% | |
| Total Application Types Found: 21 | ||
Average age: 39
Oldest age: 83
Youngest age: 20
The numbers below represent the average income of Canadians living in Quebec who have submitted an inquiry using the CanEquity mortgage application.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Quebec: | $60,576.71 |
| applicants within all of Canada: | $58,448.42 |
| Difference: | $2,128.29 |
| mortgage co-applicants in Quebec: | $43,578.39 |
| co-applicants within all of Canada: | $41,110.46 |
| Difference: | $2,467.93 |
The table and pie chart below represents the residential status of people living in Quebec who have applied for a loan using CanEquity's online mortgage application.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 41.9% | |
| Own: | 50.0% | |
| Other: | 1.3% | |
| No Comment: | 3.2% | |
| Live with parents: | 3.6% |
The information below shows the marital status of applicants from Quebec using the mortgage preapproval application located at the CanEquity web site. In Quebec, over 63% of the mortgage applicants are living common-law or married, while only 36% are single or separated.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 49.5% | |
| Single: | 28.8% | |
| Common-law: | 13.5% | |
| Divorced: | 5.4% | |
| Separated: | 2.2% | |
| Widowed: | 0.7% |
