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Monthly Volume History for Online Mortgages from Edmonton

This graph shows the individual monthly volume history for Internet pre-approval applications submitted from Edmonton, AB.


Monthly Volume Report for Edmonton Mortgages

Busy Months for Mortgage Applications within Edmonton

The following shows the volumes of Web applications received by CanEquity in each month for all years combined. The busiest months for mortgages from Edmonton seem to occur during our second quarter (represented by the green bars) with 30.73% while our slowest is the fourth quarter (represented by the red bars) with 17.34%.

Busy Months Report for Edmonton Mortgages

Rankings for Busy Mortgage Months

RankMonthPercentage of Applications
1 April: 10.9%
2 January: 10.4%
3 March: 10.3%
4 June: 10.1%
5 May: 9.7%
6 February: 9.2%
RankMonth Percentage of Applications
7 July: 7.5%
8 August: 7.5%
9 October: 7.2%
10 September: 7.0%
11 November: 5.7%
12 December: 4.4%

Busy Days for Mortgages Originating within Edmonton

The bar graph below displays the busy days for mortgage inquiries that were received by CanEquity's web site. Each day is a total combined representation of the last 5 years of all occurrences of that day. In Edmonton the most busy day of the week, with 19.54% of all submissions, is Tuesday. In comparison, Saturday's are the slowest day with only 9.77% of all inquiries.

Rank Day of the Week Percentage of Applications
1: Tuesday: 19.5%
2: Monday: 18.2%
3: Wednesday: 15.8%
4: Thursday: 13.1%
5: Friday: 12.4%
6: Sunday: 11.2%
7: Saturday: 9.8%
Busy Days Report for Edmonton Mortgages

Top 10 Days for Edmonton Mortgage Inquiries


1: 009 on Wednesday, May 20, 2009.
2: 009 on Tuesday, March 25, 2008.
3: 007 on Tuesday, April 7, 2009.
4: 007 on Monday, March 29, 2010.
5: 006 on Tuesday, November 16, 2010.
6: 006 on Monday, May 2, 2011.
7: 006 on Friday, September 16, 2005.
8: 006 on Monday, August 31, 2009.
9: 006 on Saturday, February 10, 2007.
10: 005 on Tuesday, June 12, 2012.

Note: These records do not include e-mails, contact forms, faxes, phone-ins or walk-ins.

Peak Hours for Mortgage Applicants within Edmonton

In Edmonton, mortgages are received 24 hours a day via the CanEquity web site. The statistics shown below represents the peak hours in the day. The data is taken from all days of all years. Only 24.6% of all mortgages are received before noon, while 71.7% arrive in the afternoon.


Peak Hours Graph for Mortgages in Edmonton
TimePeriod (24 Hour) Percentage
of Applications
12AM 00:00 to 00:59: 1.8%
1AM 01:00 to 01:59: 1.3%
2AM 02:00 to 02:59: 0.6%
3AM 03:00 to 03:59: 0.3%
4AM 04:00 to 04:59: 0.5%
5AM 05:00 to 05:59: 0.5%
6AM 06:00 to 06:59: 0.5%
7AM 07:00 to 07:59: 2.1%
8AM 08:00 to 08:59: 2.6%
9AM 09:00 to 09:59: 4.2%
10AM 10:00 to 10:59: 6.5%
11AM 11:00 to 11:59: 7.4%
TimePeriod (24 Hour) Percentage
of Applications
Lunch 12:00 to 12:59: 6.6%
1PM 13:00 to 13:59: 8.0%
2PM 14:00 to 14:59: 7.2%
3PM 15:00 to 15:59: 7.1%
4PM 16:00 to 16:59: 6.5%
5PM 17:00 to 17:59: 5.6%
6PM 18:00 to 18:59: 5.6%
7PM 19:00 to 19:59: 6.1%
8PM 20:00 to 20:59: 5.3%
9PM 21:00 to 21:59: 5.3%
10PM 22:00 to 22:59: 5.0%
11PM 23:00 to 23:59: 3.3%

Alberta Mortgage Originations Compared to all other Provinces


Online Mortgage Origination for the Province of Percentage of Applications
Alberta: 20.83%
British Columbia: 10.42%
Manitoba: 1.98%
New Brunswick: 2.52%
Newfoundland and Labrador: 1.29%
Nova Scotia: 3.31%
Northwest Territories: 0.48%
Nunavut: 0.10%
Ontario: 47.68%
Prince Edward Island: 0.51%
Quebec: 3.96%
Saskatchewan: 5.03%
Yukon: 0.48%

Current City Standing within Alberta

RankLocation Contribution
1:CALGARY, AB 6.769%
2:EDMONTON, AB 4.362%
3:FORT MCMURRAY, AB 0.639%
4:RED DEER, AB 0.636%
5:LETHBRIDGE, AB 0.428%
6:SHERWOOD PARK, AB 0.385%
7:GRANDE PRAIRIE, AB 0.350%


Age Demographics for Edmonton Applicants

Average age: 36
Oldest age: 84
Youngest age: 19


Incomes for Edmonton Applicants

The amounts below are the average income of applicants living in Edmonton who have applied for a mortgage loan using CanEquity's online mortgage application.

Average annual gross income for
mortgage applicants in Edmonton: $60,971.19
applicants within all of Canada: $60,593.10
Difference: $378.08
  
mortgage co-applicants in Edmonton: $44,856.73
co-applicants within all of Canada: $43,761.59
Difference: $1,095.14

Note: Commercial loans were not included for this section, only residential mortgage loan amounts from Edmonton, Alberta were used.

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