Monthly Volume History of Mortgage Applications from Quebec
This graph illustrates CanEquity's individual monthly volume history for Internet pre-approval applications from Quebec.
Disclaimer:
CanEquity Mortgage has compiled the following data for educational and informational purposes as outlined in our privacy policy. All names, street and e-mail addresses, telephone numbers, dates of birth, and other forms of identification have been removed before the following data was compiled. These statistics are anonymous and contain no personal information, and cannot be used to gather such information.
The statistics gathered are from CanEquity’s web site and do not include inquiries via fax, e-mail, contact forms, phone-ins or walk-ins. The statistics gathered represent the growing Internet usage and mortgage trends found within Canada.
All information, charts and graphs represented are deemed accurate and reliable but no warranty or guarantee is implied. Data may be noticeably affected from time to time by changes in CanEquity Mortgage marketing efforts. Data may also be affected by Internet connectivity, outages and service (or lack of) to areas within Canada. The range of data collected is from 25,000 to 50,000 mortgage applicants from across Canada. All data has a deviation of +/- 1.00% for added anonymity. No statistic contained herein represents a single person.
This information may be used freely for educational or non-commercial use. For more information about this service, please e-mail marketing@canequity.com. Copyright © 2001-2007 CEG Research, The Canadian Equity Group Inc.
| Year | Volume Comparison |
** National Contribution |
|---|---|---|
| 2007: | * 17.42% | * 0.63% |
| 2006: | 22.62% | 0.82% |
| 2005: | 18.40% | 0.67% |
| 2004: | 18.61% | 0.67% |
| 2003: | 13.96% | 0.51% |
| 2002: | 8.98% | 0.33% |
This graph illustrates CanEquity's individual monthly volume history for Internet pre-approval applications from Quebec.
The 5-year bar graph below shows the volumes of mortgage 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 31.93% while our slowest is the fourth quarter (represented by the red bars) with 16.56%.
| Rank | Month | Percentage of Inquiries |
|
|---|---|---|---|
| 1: | April: | 12.6% | |
| 2: | March: | 11.9% | |
| 3: | January: | 10.8% | |
| 4: | May: | 9.8% | |
| 5: | February: | 9.2% | |
| 6: | July: | 8.3% | |
| 7: | June: | 7.5% | |
| 8: | August: | 6.9% | |
| 9: | November: | 6.6% | |
| 10: | September: | 6.4% | |
| 11: | October: | 6.2% | |
| 12: | December: | 3.8% | |
| 13: | December: | 0.0% |
The data below compares the busy days for Internet applications that were received by our web site. Each day is a representation of the combined 5-year total of all instances of that day. In Quebec, the day with the most volume, generating 17.86% of all inquiries, is Monday. In comparison, Sunday's are the slowest day with only 10.06% of all inquiries.
| Rank | Day of the Week |
Percentage of Inquiries |
|
|---|---|---|---|
| 1: | Monday: | 17.9% | |
| 2: | Thursday: | 17.0% | |
| 3: | Tuesday: | 16.7% | |
| 4: | Wednesday: | 14.3% | |
| 5: | Saturday: | 12.1% | |
| 6: | Friday: | 12.0% | |
| 7: | Sunday: | 10.1% |
Applications are received 24 hours a day on the CanEquity web site. The report shown below indicates the peak hours over a 24-hour period. The data is taken from all days of all years. Only 0.0% of all mortgages are received before noon, while 38.0% arrive in the afternoon.
| Time Period (24 Hour) |
Percentage of Inquiries |
|---|---|
| 00:00 to 00:59: | 1.4% |
| 01:00 to 01:59: | 0.9% |
| 02:00 to 02:59: | 0.1% |
| 03:00 to 03:59: | 0.6% |
| 04:00 to 04:59: | 0.8% |
| 05:00 to 05:59: | 1.7% |
| 06:00 to 06:59: | 3.0% |
| 07:00 to 07:59: | 5.6% |
| 08:00 to 08:59: | 7.4% |
| 09:00 to 09:59: | 6.2% |
| 10:00 to 10:59: | 9.1% |
| 11:00 to 11:59: | 6.3% |
| 12:00 to 12:59: | 6.7% |
| 13:00 to 13:59: | 6.9% |
| 14:00 to 14:59: | 5.3% |
| 15:00 to 15:59: | 5.3% |
| 16:00 to 16:59: | 4.2% |
| 17:00 to 17:59: | 5.0% |
| 18:00 to 18:59: | 5.1% |
| 19:00 to 19:59: | 4.7% |
| 20:00 to 20:59: | 5.0% |
| 21:00 to 21:59: | 5.1% |
| 22:00 to 22:59: | 2.5% |
| 23:00 to 23:59: | 1.2% |
| Online Mortgage Origination for the Province of |
Percentage in Comparison |
|---|---|
| Alberta: | 577.2% |
| British Columbia: | 325.6% |
| Manitoba: | 61.5% |
| New Brunswick: | 55.8% |
| Newfoundland and Labrador: | 29.9% |
| Nova Scotia: | 78.2% |
| Northwest Territories: | 7.8% |
| Nunavut: | 2.1% |
| Ontario: | 1340.0% |
| Prince Edward Island: | 9.8% |
| Quebec: | 100.0% |
| Saskatchewan: | 161.1% |
| Yukon Territories: | 5.4% |
| City or Town within the province of Quebec |
Percentage of Inquiries |
Average Age |
Average Income |
Average Co-Income |
Average Loan |
|
|---|---|---|---|---|---|---|
| 001: | MONTREAL, QC | 21.320% | 36 | $67,458.24 | $42,597.55 | $203,004.28 |
| 002: | GATINEAU, QC | 10.173% | 36 | $52,717.49 | $40,974.63 | $130,677.14 |
| 003: | LAVAL, QC | 3.896% | 39 | $63,852.97 | $48,111.11 | $124,376.33 |
| 004: | BROSSARD, QC | 3.139% | 42 | $55,831.81 | $38,233.33 | $173,833.33 |
| 005: | PIERREFONDS, QC | 2.814% | 40 | $43,342.42 | $36,752.00 | $119,628.30 |
| 006: | DOLLARD-DES-ORMEAUX, QC | 2.489% | 39 | $62,236.59 | $42,640.00 | $204,984.52 |
| 007: | LASALLE, QC | 2.381% | 34 | $48,424.24 | $38,487.50 | $148,076.47 |
| 008: | QUEBEC CITY, QC | 1.732% | 35 | $46,647.93 | $38,806.57 | $173,837.67 |
| 009: | AYLMER, QC | 1.623% | 38 | $61,173.33 | $41,200.00 | $105,000.00 |
| 010: | POINTE-CLAIRE, QC | 1.623% | 47 | $79,517.86 | $55,750.00 | $146,714.29 |
| 011: | VERDUN, QC | 1.515% | 32 | $41,379.57 | $29,400.00 | $173,325.00 |
| 012: | SAINT-LEONARD, QC | 1.407% | 44 | $46,375.00 | $126,934.67 | $281,227.27 |
| 013: | SAINT-LAURENT, QC | 1.299% | 42 | $54,150.00 | $23,000.00 | $215,090.91 |
| 014: | HULL, QC | 1.190% | 35 | $63,227.55 | $31,202.00 | $134,444.44 |
| 015: | SAINT-LAZARE, QC | 1.082% | 44 | $79,400.00 | $59,571.43 | $116,973.22 |
| 016: | LONGUEUIL, QC | 0.974% | 43 | $66,104.57 | $34,600.00 | $112,000.00 |
| 017: | COTE SAINT-LUC, QC | 0.974% | 35 | $61,786.67 | $37,400.00 | $232,907.00 |
| 018: | DORVAL, QC | 0.974% | 41 | $45,627.78 | $29,280.00 | $171,555.56 |
| 019: | CHATEAUGUAY, QC | 0.866% | 37 | $37,142.86 | $41,790.50 | $76,166.67 |
| 020: | LACHINE, QC | 0.866% | 38 | $44,106.75 | n/a | $100,571.43 |
| 021: | KIRKLAND, QC | 0.866% | 40 | $93,500.00 | $45,000.00 | $162,875.00 |
| 022: | SHERBROOKE, QC | 0.758% | 33 | $44,428.57 | $25,500.00 | $125,571.43 |
| 023: | BEACONSFIELD, QC | 0.758% | 50 | $119,571.43 | n/a | $207,857.14 |
| 024: | OUTREMONT, QC | 0.758% | 40 | $86,919.33 | $51,500.00 | $211,285.71 |
| 025: | SAINT-EUSTACHE, QC | 0.649% | 37 | $56,320.00 | $37,300.00 | $142,484.00 |
| 026: | GREENFIELD PARK, QC | 0.649% | 36 | $43,816.67 | $25,500.00 | $188,875.00 |
| 027: | SAINT-NICOLAS, QC | 0.649% | 37 | $57,500.00 | $33,750.00 | $101,000.00 |
| 028: | SAINT-JEAN-SUR-RICHELIEU, QC | 0.541% | 39 | $42,942.80 | $30,500.00 | $105,000.00 |
| 029: | SEPT-ILES, QC | 0.541% | 36 | $67,700.00 | n/a | $69,625.00 |
| 030: | PINCOURT, QC | 0.541% | 34 | $39,134.40 | $33,000.00 | $86,400.00 |
| 031: | L'ILE-BIZARD, QC | 0.541% | 40 | $59,816.00 | n/a | $178,400.00 |
| 032: | CHELSEA, QC | 0.541% | 44 | $54,600.00 | n/a | $76,000.00 |
| 033: | BLAINVILLE, QC | 0.541% | 30 | $62,320.00 | n/a | $124,400.00 |
| 034: | SAINT-HUBERT, QC | 0.541% | 38 | $68,800.00 | $45,333.33 | $71,000.00 |
| 035: | MIRABEL, QC | 0.541% | 44 | $38,992.00 | $34,356.00 | $97,875.00 |
| 036: | SAINT-SAUVEUR, QC | 0.541% | 38 | $98,000.00 | $74,666.67 | $210,830.75 |
| 037: | VAUDREUIL-DORION, QC | 0.433% | 44 | $61,024.00 | n/a | $134,294.25 |
| 038: | MONT-ROYAL, QC | 0.433% | 46 | $87,500.00 | $50,000.00 | $317,250.00 |
| 039: | L'ILE-PERROT, QC | 0.433% | 39 | $73,250.00 | $21,874.50 | $76,666.67 |
| 040: | SAINTE-ANNE-DE-BELLEVUE, QC | 0.433% | 39 | $44,815.00 | n/a | $108,750.00 |
| 041: | REPENTIGNY, QC | 0.433% | 34 | $49,500.00 | n/a | $325,500.00 |
| 042: | WAKEFIELD, QC | 0.433% | 38 | $92,500.00 | $61,409.50 | $236,250.00 |
| 043: | SAINT-BRUNO, QC | 0.433% | 39 | $58,575.00 | n/a | $116,250.00 |
| 044: | SAINTE-FOY, QC | 0.325% | 55 | $49,666.67 | $60,000.00 | $97,666.67 |
| 045: | MASCOUCHE, QC | 0.325% | 41 | $53,133.33 | n/a | n/a |
| 046: | LA PLAINE, QC | 0.325% | 48 | $40,500.00 | n/a | $126,276.00 |
| 047: | CHAMBLY, QC | 0.325% | 31 | $48,624.33 | n/a | $131,666.67 |
| 048: | WENTWORTH-NORD, QC | 0.325% | 59 | $51,666.67 | n/a | $121,666.67 |
| 049: | LACHUTE, QC | 0.325% | 48 | $50,425.33 | n/a | $96,973.67 |
| 050: | SENNEVILLE, QC | 0.325% | 49 | $123,000.00 | $22,106.33 | $198,333.33 |
| Mortgage Application Form Type |
Percentage of Inquiries |
|
|---|---|---|
| Refinance: | 23.5% | |
| Qualification: | 21.8% | |
| First-time Buyer: | 18.2% | |
| No Money Down: | 11.8% | |
| Renewal: | 10.1% | |
| Purchase: | 5.1% | |
| Variable Rate: | 2.7% | |
| Commercial: | 1.7% | |
| Pre-approval: | 1.5% | |
| Investment: | 1.2% | |
| Other: | 2.3% | |
| Total Application Types Found: 19 | ||
Average age: 38
Oldest age: 73
Youngest age: 20
The following depicts the average income of Canadians living in Quebec who have applied for a mortgage loan using the CanEquity mortgage application.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Quebec: | $57,861.54 |
| applicants within all of Canada: | $55,386.75 |
| Difference: | $2,474.79 |
| mortgage co-applicants in Quebec: | $41,832.45 |
| co-applicants within all of Canada: | $38,510.65 |
| Difference: | $3,321.80 |
The information below represents the residential status of people living in Quebec who have applied for a mortgage using the CanEquity mortgage application.
| Residential Status of Mortgage Applicant |
Percentage of Inquiries |
|
|---|---|---|
| Rent: | 40.2% | |
| Own: | 48.6% | |
| Other: | 1.4% | |
| No Comment: | 5.8% | |
| Live with parents: | 4.0% |
The following table and pie chart represents the marital status of applicants from Quebec using the mortgage preapproval application found on canequity.com. Over 61% of the mortgage applicants are living with someone, while only 38% are not living with someone.
| Marital Status of Mortgage Applicant |
Percentage of Inquiries |
|
|---|---|---|
| Married: | 47.4% | |
| Single: | 29.8% | |
| Common-law: | 13.6% | |
| Divorced: | 6.0% | |
| Separated: | 2.6% | |
| Widowed: | 0.6% |
