Nova Scotia Mortgages - Mortgage Statistics, Graphs and Reports

Variable closed:	2.60%
1 year closed:	2.74%
3 year closed:	2.59%
5 year closed:	3.04%
10 year special:	3.58%

Canada | BC | AB | SK | MB | ON | QC | NL | PE | NS | NB | YT | NU | NT

Monthly Volume History of Mortgage Applications from Nova Scotia

The bar graph below illustrates the individual monthly volume history for Internet applications originating from Nova Scotia.

Monthly Volume Report for Nova Scotia Mortgages

Busy Months for Mortgages in Nova Scotia

This bar graph depicts the volumes of online 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 29.33% while our slowest is the fourth quarter (represented by the red bars) with 19.14%.

Busy Months Report for Nova Scotia Mortgages

Rankings for Busy Mortgage Months

Rank	Month	Percentage of Applications
1	February:	10.0%
2	January:	9.9%
3	March:	9.4%
4	August:	9.3%
5	May:	9.1%
6	July:	9.1%

Rank	Month	Percentage of Applications
7	April:	9.0%
8	June:	7.9%
9	October:	7.8%
10	September:	7.1%
11	November:	6.8%
12	December:	4.6%

Busy Days for Mortgages in Nova Scotia

The bar graph below shows the busy days for mortgage applications that were received by the CanEquity web site. Each day is a representation of the combined 6-year total of all instances of that day. In Nova Scotia the busiest day, with 17.95% of all applications, is Monday. In comparison, Saturday's are the slowest day with only 9.38% of all inquiries.

Rank	Day of the Week	Percentage of Applications
1:	Monday:	17.9%
2:	Tuesday:	17.2%
3:	Wednesday:	15.8%
4:	Thursday:	15.0%
5:	Sunday:	12.4%
6:	Friday:	12.3%
7:	Saturday:	9.4%

Busy Days Report for Nova Scotia Mortgages

Peak Hours for Nova Scotia Mortgage Applications

In Nova Scotia, mortgages are received 24 hours a day via the CanEquity web site. The following represents the busy hours in the day. The data is taken from all days of all years.

Peak Hours Graph for Mortgages in Nova Scotia

Time	Period (24 Hour)	Percentage of Applications
12AM	00:00 to 00:59:	0.4%
1AM	01:00 to 01:59:	0.4%
2AM	02:00 to 02:59:	0.2%
3AM	03:00 to 03:59:	0.9%
4AM	04:00 to 04:59:	1.0%
5AM	05:00 to 05:59:	2.5%
6AM	06:00 to 06:59:	3.9%
7AM	07:00 to 07:59:	5.3%
8AM	08:00 to 08:59:	6.6%
9AM	09:00 to 09:59:	6.4%
10AM	10:00 to 10:59:	7.0%
11AM	11:00 to 11:59:	7.2%

Time	Period (24 Hour)	Percentage of Applications
Lunch	12:00 to 12:59:	6.7%
1PM	13:00 to 13:59:	6.8%
2PM	14:00 to 14:59:	4.6%
3PM	15:00 to 15:59:	5.1%
4PM	16:00 to 16:59:	6.0%
5PM	17:00 to 17:59:	8.9%
6PM	18:00 to 18:59:	7.7%
7PM	19:00 to 19:59:	4.7%
8PM	20:00 to 20:59:	3.2%
9PM	21:00 to 21:59:	2.2%
10PM	22:00 to 22:59:	1.2%
11PM	23:00 to 23:59:	1.0%

Nova Scotia Mortgage Originations Compared to all other Provinces

Online Mortgage Origination for the Province of	Percentage in Comparison
Alberta:	623.5%
British Columbia:	313.7%
Manitoba:	59.7%
New Brunswick:	75.9%
Newfoundland and Labrador:	39.0%
Nova Scotia:	100.0%
Northwest Territories:	14.2%
Nunavut:	3.0%
Ontario:	1440.3%
Prince Edward Island:	15.5%
Quebec:	119.3%
Saskatchewan:	150.7%
Yukon:	14.4%

Top Producing Cities / Towns for Mortgages in Nova Scotia

Rank	City or Town within the province of Nova Scotia	Percentage of Inquiries	Avg Age	Average Income	Average Co-Income	Average Loan
1:	HALIFAX, NS	13.208%	35	$52,608	$40,820	$178,236
2:	DARTMOUTH, NS	9.326%	38	$55,096	$38,719	$150,751
3:	SYDNEY, NS	5.822%	35	$49,358	$33,757	$118,666
4:	TRURO, NS	5.175%	37	$43,321	$37,469	$130,438
5:	LOWER SACKVILLE, NS	3.342%	36	$47,262	$38,810	$143,553
6:	AMHERST, NS	3.235%	39	$35,273	$32,626	$89,198
7:	YARMOUTH, NS	2.749%	38	$46,994	$26,702	$113,671
8:	GLACE BAY, NS	2.156%	38	$50,745	$33,222	$91,945
9:	KENTVILLE, NS	1.671%	38	$46,103	$25,288	$136,211
10:	BRIDGEWATER, NS	1.671%	34	$40,879	$41,463	$150,277
11:	BEDFORD, NS	1.402%	36	$78,303	$34,733	$176,201
12:	WOLFVILLE, NS	1.348%	43	$64,991	$52,466	$201,278
13:	LIVERPOOL, NS	1.348%	38	$35,341	$25,240	$103,685
14:	NORTH SYDNEY, NS	1.348%	36	$41,266	$40,935	$94,450
15:	NEW GLASGOW, NS	1.294%	36	$38,452	$24,571	$87,930
16:	PICTOU, NS	1.294%	36	$37,636	$26,400	$84,515
17:	NEW MINAS, NS	1.078%	36	$41,923	$23,362	$140,723
18:	ANTIGONISH, NS	1.024%	37	$50,400	$24,783	$128,837
19:	SYDNEY MINES, NS	0.970%	34	$76,314	$26,666	$127,093
20:	NEW WATERFORD, NS	0.970%	35	$37,956	$28,909	$82,678
21:	CENTREVILLE, NS	0.916%	37	$38,255	$30,589	$104,266
22:	EASTERN PASSAGE, NS	0.916%	34	$47,385	$38,833	$111,857
23:	TIMBERLEA, NS	0.809%	39	$44,131	$34,587	$200,727
24:	SHEARWATER, NS	0.755%	35	$56,814	$14,000	$162,590
25:	WINDSOR, NS	0.701%	36	$39,100	$99,776	$148,981
26:	BERWICK, NS	0.647%	40	$46,668	$30,725	$123,337
27:	STELLARTON, NS	0.647%	40	$40,850	$27,571	$73,492
28:	GREENWOOD, NS	0.647%	34	$55,398	$15,200	$126,709
29:	DIGBY, NS	0.593%	38	$36,016	$22,236	$87,230
30:	WESTVILLE, NS	0.593%	43	$47,280	$70,000	$72,777
31:	SHELBURNE, NS	0.593%	32	$56,940	$23,800	$106,400
32:	HAMMONDS PLAINS, NS	0.539%	38	$66,222	$51,200	$194,430
33:	KINGSTON, NS	0.539%	37	$49,394	$19,029	$130,396
34:	SPRINGHILL, NS	0.539%	35	$35,869	$16,544	$81,580
35:	DEBERT, NS	0.539%	39	$30,358	$31,500	$106,190
36:	MIDDLETON, NS	0.539%	40	$39,572	$29,433	$87,287
37:	PORT HAWKESBURY, NS	0.485%	46	$37,033	$30,491	$77,179
38:	HUBBARDS, NS	0.431%	38	$83,857	n/a	$140,000
39:	PLEASANTVILLE, NS	0.431%	31	$135,166	n/a	$181,571
40:	LAWRENCETOWN, NS	0.431%	36	$60,814	$46,000	$171,740
41:	CANNING, NS	0.431%	46	$32,989	$21,166	$105,862
42:	LANTZ, NS	0.431%	40	$61,414	$65,750	$130,525
43:	MAHONE BAY, NS	0.377%	36	$42,074	$35,000	$96,500
44:	BROOKFIELD, NS	0.377%	39	$40,052	$24,500	$174,957
45:	CAMBRIDGE STATION, NS	0.377%	36	$39,500	$34,000	$139,300
46:	ENFIELD, NS	0.377%	33	$57,292	n/a	$220,316
47:	AYLESFORD, NS	0.377%	44	$30,050	$20,500	$147,400
48:	PUGWASH, NS	0.377%	40	$67,642	n/a	$135,483
49:	CHESTER, NS	0.377%	42	$52,800	$29,333	$190,000
50:	GRANVILLE FERRY, NS	0.323%	31	$43,345	$32,500	$171,600

Age Demographics for Nova Scotia Mortgage Inquiries

Average age: 37
Oldest age: 85
Youngest age: 19

Incomes for Nova Scotia Mortgage Inquiries

The numbers below represent the average income of Canadians living in Nova Scotia who have applied for a home loan using CanEquity's online mortgage application.

Average annual gross income for
mortgage applicants in Nova Scotia:	$49,071.60
applicants within all of Canada:	$60,503.19
Difference:	($11,431.59)

mortgage co-applicants in Nova Scotia:	$35,744.23
co-applicants within all of Canada:	$43,699.18
Difference:	($7,954.95)

Note: Commercial Mortgages were not included for this report, only residential mortgage loan amounts from Nova Scotia were used.