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Monthly Volume History for Online Mortgages from Vancouver

The following bar graph depicts the individual monthly volume history for Internet mortgage pre-approval applications submitted from Vancouver, BC.


Monthly Volume Report for Vancouver Mortgages

Busy Months for Mortgages Received within Vancouver

This bar graph displays the volumes of Web applications received by CanEquity in each month for all years combined. The busiest months for mortgages from Vancouver usually occur during our second quarter (represented by the green bars) with 31.54% while our slowest is the fourth quarter (represented by the red bars) with 17.12%.

Busy Months Report for Vancouver Mortgages

Rankings for Busy Mortgage Months

RankMonthPercentage of Applications
1 June: 11.9%
2 May: 10.6%
3 January: 10.4%
4 March: 9.6%
5 February: 9.4%
6 April: 9.0%
RankMonth Percentage of Applications
7 August: 7.9%
8 July: 7.1%
9 September: 6.9%
10 October: 6.5%
11 November: 5.4%
12 December: 5.2%

Busy Days for Mortgage Applications within Vancouver

The bar graph listed below shows the busy days for online mortgage applications that were received by CanEquity. Each day is a total combined representation of the last 5 years of all occurrences of that day. In Vancouver the busiest day of the week, with 16.35% of all applications, is Tuesday. In comparison, Saturday's are the slowest day with only 11.35% of all inquiries.

Rank Day of the Week Percentage of Applications
1: Tuesday: 16.4%
2: Wednesday: 16.4%
3: Monday: 16.1%
4: Thursday: 15.2%
5: Friday: 12.5%
6: Sunday: 12.1%
7: Saturday: 11.4%
Busy Days Report for Vancouver Mortgages

Peak Hours for Mortgages within Vancouver

In Vancouver, applications are received 24 hours a day via the CanEquity web site. The time periods below represents the busy hours within a 24-hour period. The data is taken from all days of all years. Only 18.8% of all mortgages are received during the morning, while 73.1% arrive in the afternoon.


Peak Hours Graph for Mortgages in Vancouver
TimePeriod (24 Hour) Percentage
of Applications
12AM 00:00 to 00:59: 3.8%
1AM 01:00 to 01:59: 2.3%
2AM 02:00 to 02:59: 1.9%
3AM 03:00 to 03:59: 0.6%
4AM 04:00 to 04:59: 1.2%
5AM 05:00 to 05:59: 0.4%
6AM 06:00 to 06:59: 0.2%
7AM 07:00 to 07:59: 0.8%
8AM 08:00 to 08:59: 2.7%
9AM 09:00 to 09:59: 2.5%
10AM 10:00 to 10:59: 4.0%
11AM 11:00 to 11:59: 6.5%
TimePeriod (24 Hour) Percentage
of Applications
Lunch 12:00 to 12:59: 6.5%
1PM 13:00 to 13:59: 7.7%
2PM 14:00 to 14:59: 8.3%
3PM 15:00 to 15:59: 7.1%
4PM 16:00 to 16:59: 6.7%
5PM 17:00 to 17:59: 4.6%
6PM 18:00 to 18:59: 5.8%
7PM 19:00 to 19:59: 4.4%
8PM 20:00 to 20:59: 5.4%
9PM 21:00 to 21:59: 4.4%
10PM 22:00 to 22:59: 5.0%
11PM 23:00 to 23:59: 7.1%

British Columbia 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 British Columbia

RankLocation Contribution
1:VANCOUVER, BC 0.923%
2:SURREY, BC 0.699%
3:VICTORIA, BC 0.618%
4:BURNABY, BC 0.336%
5:KELOWNA, BC 0.325%
6:PRINCE GEORGE, BC 0.289%


Age Demographics for Vancouver Originated Mortgages

Average age: 39
Oldest age: 76
Youngest age: 21


Incomes for Vancouver Originated Mortgages

The amounts shown below represent the average income of Canadians living in Vancouver who have applied for a loan using the CanEquity mortgage application.

Average annual gross income for
mortgage applicants in Vancouver: $69,064.60
applicants within all of Canada: $60,593.10
Difference: $8,471.50
  
mortgage co-applicants in Vancouver: $48,907.94
co-applicants within all of Canada: $43,761.59
Difference: $5,146.35

Note: Commercial loan amounts were not included for this survey, only residential mortgages from Vancouver, British Columbia were used.

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