Last report update for Outremont: Monday, June 30, 2008
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Outremont Mortgage
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Related Links:
Brossard
Carignan
Greenfield Park
Hampstead
Montreal
Saint-Hubert
Saint-Lambert
Sainte-Foy
Vaudreuil
Verdun

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Outremont Mortgages

Quebec Mortgage Statistics, Graphs and Charts

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Yearly Volume Comparison for Mortgage Applications from Outremont

Year Year to Year
Comparison
** National
Contribution
2007: 14.29% 0.00%
2006: 57.14% 0.01%
2004: 28.57% 0.01%

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

Current City Standing within Quebec


Location Contribution
024:  GREENFIELD PARK, QC 0.026%
025:  SAINT-NICOLAS, QC 0.026%
026:  DEUX-MONTAGNES, QC 0.026%
027:  SAINT-JEAN-SUR-RICHELIEU, QC 0.023%
028:  SAINT-SAUVEUR, QC 0.023%
029:  OUTREMONT, QC 0.023%
030:  SAINT-EUSTACHE, QC 0.019%
031:  PINCOURT, QC 0.019%
032:  L'ILE-BIZARD, QC 0.019%
033:  CHELSEA, QC 0.019%
034:  SAINT-HUBERT, QC 0.019%

Nearest Settlements


1Greenfield Park, Quebec
2Saint-Lambert, Quebec
3Sainte-Foy, Quebec
4Saint-Hubert, Quebec
5Verdun, Quebec
6Carignan, Quebec
7Hampstead, Quebec
8Brossard, Quebec
9Montreal, Quebec
10Vaudreuil, Quebec
11Beloeil, Quebec
12Saint-Leonard, Quebec
13Saint-Laurent, Quebec
14Vaudreuil-Dorion, Quebec
15Cote Saint-Luc, Quebec
16Saint-Basile-Le-Grand, Quebec
17Mont-Royal, Quebec
18Saint-Constant, Quebec
19Longueuil, Quebec
20Chambly, Quebec
21Lasalle, Quebec
22Dorval, Quebec
23Baie-D'Urfe, Quebec
24Sainte-Julie, Quebec
25Lachine, Quebec
26Magog, Quebec
27Senneville, Quebec
28Knowlton, Quebec
29Pincourt, Quebec
30Granby, Quebec
31Boucherville, Quebec
32Candiac, Quebec
33Sainte-Catherine, Quebec
34Dollard-Des-Ormeaux, Quebec
35Saint-Jean-Sur-Richelieu, Quebec
36Pointe-Claire, Quebec
37Chateauguay, Quebec
38Sainte-Anne-De-Bellevue, Quebec
39Cowansville, Quebec
40Beauharnois, Quebec
41Montreal-Est, Quebec
42Coaticook, Quebec
43Mercier, Quebec
44Beaconsfield, Quebec


Product Popularity for Outremont


Mortgage Application
Form Type
  Percentage
of Inquiries
First-time Buyer: 57.1%
Refinance: 28.6%
Qualification: 14.3%
 
Total Application Types Found: 3
 Outremont Mortgage Product Popularity Pie Chart

Age Demographics for Outremont Mortgages

Average age: 40
Oldest age: 57
Youngest age: 32


Incomes for Outremont Mortgages

The amounts shown below represent the average income of applicants living in Outremont who have submitted an inquiry using CanEquity's pre-approval application.

Average annual gross income for
mortgage applicants in Outremont: $86,919.33
applicants within all of Canada: $56,539.94
Difference: $30,379.39
  

Since the average income of Outremont is substantially higher than the national average, we have included the MEDIAN annual gross income for this area. A reason for such a high average is usually due to a high income that is just under our cut-off of acceptable incomes of <$500,000. In rare cases, some applicants may have entered an extra digit (ie. 400000 instead of 40000), which will also sway the averages in smaller areas. In such a case, we will correct the data accordingly.

Median annual gross income for
mortgage applicants in Outremont: $61,000.00
applicants within all of Canada: $56,539.94
Difference: $4,460.06

Note: Commercial loan amounts were not included for this report, only home loans from Outremont, Quebec were used.

Residential Status for Outremont Based Mortgages

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

Residential Status of
Mortgage Applicant
  Percentage
of Inquiries
Rent: 71.4%
Own: 28.6%
Outremont Residential Status Pie Chart

Marital Status for Outremont Based Mortgages

The following table and pie chart represents the marital status of applicants from Outremont, Quebec using the mortgage preapproval application located at the CanEquity web site. In Outremont, 100% of the mortgage applicants are living common-law or married, while only 0% are not living with someone.

Marital Status of
Mortgage Applicant
  Percentage
of Inquiries
Married: 57.1%
Common-law: 42.9%
Outremont Marital Status Pie Chart