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Monthly Volume History for Online Applications from Vancouver

The following displays the individual monthly volume history for Internet applications submitted from Vancouver, BC.


Monthly Volume Report for Vancouver Mortgages

Busy Months for Mortgage Applications within Vancouver

The following bar graph depicts the volumes of Web applications received by CanEquity in each month for all years combined. The busiest months for mortgages from Vancouver happen to occur during our second quarter (represented by the green bars) with 31.01% while our slowest is the fourth quarter (represented by the red bars) with 17.25%.

Busy Months Report for Vancouver Mortgages

Rankings for Busy Mortgage Months

RankMonthPercentage of Applications
1 June: 11.2%
2 May: 10.7%
3 January: 10.5%
4 March: 9.7%
5 February: 9.5%
6 April: 9.1%
RankMonth Percentage of Applications
7 August: 8.0%
8 July: 7.2%
9 September: 7.0%
10 October: 6.6%
11 November: 5.4%
12 December: 5.2%

Busy Days for Mortgage Applications within Vancouver

The data below compares the busy days for online applications that were received by our web site. Each day is a representation of the combined 6-year total of all instances of that day. In Vancouver the most busy day of the week, with 16.47% of all inquiries, is Tuesday. In comparison, Saturday's are the slowest day with only 11.24% of all inquiries.

Rank Day of the Week Percentage of Applications
1: Tuesday: 16.5%
2: Wednesday: 16.3%
3: Monday: 16.1%
4: Thursday: 15.3%
5: Friday: 12.6%
6: Sunday: 12.0%
7: Saturday: 11.2%
Busy Days Report for Vancouver Mortgages

Peak Hours for Mortgages within Vancouver

Applications are received 24 hours a day via our web site. The report shown below represents the busy hours within a 24-hour period. The data is taken from all days of all years. Only 19.0% of all mortgages are received during the morning, while 72.9% arrive in the afternoon.


Peak Hours Graph for Mortgages in Vancouver
TimePeriod (24 Hour) Percentage
of Applications
12AM 00:00 to 00:59: 3.9%
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: 4.1%
11AM 11:00 to 11:59: 6.6%
TimePeriod (24 Hour) Percentage
of Applications
Lunch 12:00 to 12:59: 6.6%
1PM 13:00 to 13:59: 7.4%
2PM 14:00 to 14:59: 8.3%
3PM 15:00 to 15:59: 7.2%
4PM 16:00 to 16:59: 6.6%
5PM 17:00 to 17:59: 4.5%
6PM 18:00 to 18:59: 5.8%
7PM 19:00 to 19:59: 4.5%
8PM 20:00 to 20:59: 5.4%
9PM 21:00 to 21:59: 4.5%
10PM 22:00 to 22:59: 5.0%
11PM 23:00 to 23:59: 7.2%

British Columbia Mortgage Originations Compared to all other Provinces


Online Mortgage Origination for the Province of Percentage of Applications
Alberta: 20.70%
British Columbia: 10.42%
Manitoba: 1.98%
New Brunswick: 2.52%
Newfoundland and Labrador: 1.29%
Nova Scotia: 3.32%
Northwest Territories: 0.47%
Nunavut: 0.10%
Ontario: 47.82%
Prince Edward Island: 0.51%
Quebec: 3.96%
Saskatchewan: 5.00%
Yukon: 0.48%

Current City Standing within British Columbia

RankLocation Contribution
1:VANCOUVER, BC 0.924%
2:SURREY, BC 0.703%
3:VICTORIA, BC 0.621%
4:BURNABY, BC 0.331%
5:KELOWNA, BC 0.324%
6:PRINCE GEORGE, BC 0.290%


Age Demographics for Vancouver Originated Mortgages

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


Incomes for Vancouver Originated Mortgages

The following figures show the average income of people living in Vancouver who have applied for a home loan using CanEquity's online mortgage application.

Average annual gross income for
mortgage applicants in Vancouver: $68,472.09
applicants within all of Canada: $60,503.19
Difference: $7,968.89
  
mortgage co-applicants in Vancouver: $48,430.81
co-applicants within all of Canada: $43,699.18
Difference: $4,731.63

Note: Commercial loan amounts were not included for this section, only home loans from Vancouver, British Columbia were used.

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Below is a listing of our most popular mortgage product inquiries made using our online mortgage application for clients in Brockville.

Mortgage Product Type Inquiries
No Money Down discontinued26.37%
First-time Home Buyer23.08%
Mortgage Pre-approval15.38%
New Purchase13.19%
Refinance/Consolidate Debt12.09%
Mortgage Renewal5.49%
Other4.4%