Mortgage Stats and Info for Alberta, Canada
Busy Months
The bar graph below represents the volumes of online applications received by Super Brokers in each month for all years combined. The busiest month for mortgages from Alberta occurs in May with 10.3% of applications, while our slowest is December with 4.8%.
| May | 10.3% |
| January | 10.1% |
| April | 10.0% |
| March | 9.9% |
| June | 9.5% |
| February | 8.8% |
| July | 8.5% |
| August | 7.7% |
| September | 7.2% |
| October | 7.0% |
| November | 6.2% |
| December | 4.8% |
Busy Days
The bar graph listed below plots the busy days for online applications that were received by our web site. A combined total of all occurrences of each day are represented for the past 5 years. In Alberta the most busy day, with 18.2% of all inquiries, is Tuesday. In comparison, Saturday is the slowest day with only 8.6% of all inquiries.
| Tuesday | 18.2% |
| Monday | 18.2% |
| Wednesday | 16.7% |
| Thursday | 15.4% |
| Friday | 12.4% |
| Sunday | 10.6% |
| Saturday | 8.6% |
Peak Hours
Applications are received 24 hours a day on our web site. The statistics shown below indicates the peak hours for mortgage inquiries within a 24-hour period. 28.7% of all mortgages are received before noon, while 71.3% arrive in the afternoon.
| Midnight - 1 AM | 1.7% |
| 1 AM - 2 AM | 1.0% |
| 2 AM - 3 AM | 0.6% |
| 3 AM - 4 AM | 0.4% |
| 4 AM - 5 AM | 0.3% |
| 5 AM - 6 AM | 0.5% |
| 6 AM - 7 AM | 0.6% |
| 7 AM - 8 AM | 1.6% |
| 8 AM - 9 AM | 3.0% |
| 9 AM - 10 AM | 5.2% |
| 10 AM - 11 AM | 6.5% |
| 11 AM - Noon | 7.4% |
| Noon - 1 PM | 7.4% |
| 1 PM - 2 PM | 7.5% |
| 2 PM - 3 PM | 7.5% |
| 3 PM - 4 PM | 7.5% |
| 4 PM - 5 PM | 6.0% |
| 5 PM - 6 PM | 5.1% |
| 6 PM - 7 PM | 5.4% |
| 7 PM - 8 PM | 5.6% |
| 8 PM - 9 PM | 5.8% |
| 9 PM - 10 PM | 5.5% |
| 10 PM - 11 PM | 4.7% |
| 11 PM - Midnight | 3.1% |
Busy Seasons
The chart displayed below represents the peak seasons for mortgage loan inquiries received by Super Brokers. The busiest season for mortgages on properties located in Alberta usually occurs in Spring with 30.2% of applications, while our slow season is Autumn with 20.5%.
- Winter
- Spring
- Summer
- Autumn
| Winter | 23.7% |
| Spring | 30.2% |
| Summer | 25.7% |
| Autumn | 20.5% |
Top Cities
| Average | |||||||
|---|---|---|---|---|---|---|---|
| Rank# | City/Town | % of Inquiries | Age | Income | Co-Income | Loan | |
| 1 | Calgary, AB | 7.0% | 37 | $69.3K | $46.6K | $226K | |
| 2 | Edmonton, AB | 4.6% | 36 | $60.5K | $40.3K | $191K | |
| 3 | Red Deer, AB | 0.64% | 35 | $62.8K | $34.7K | $181K | |
| 4 | Fort Mcmurray, AB | 0.61% | 35 | $100K | $54.3K | $323K | |
| 5 | Lethbridge, AB | 0.431% | 38 | $52.2K | $30.1K | $168K | |
| 6 | Sherwood Park, AB | 0.393% | 40 | $74.8K | $57.9K | $219K | |
| 7 | Grande Prairie, AB | 0.385% | 35 | $70.9K | $46.6K | $159K | |
| 8 | Airdrie, AB | 0.322% | 38 | $67K | $42.9K | $214K | |
| 9 | St. Albert, AB | 0.315% | 39 | $73.3K | $38.2K | $177K | |
| 10 | Medicine Hat, AB | 0.307% | 36 | $59.4K | $42.2K | $166K | |
| 11 | Spruce Grove, AB | 0.236% | 37 | $78.1K | $44.8K | $217K | |
| 12 | Brooks, AB | 0.203% | 34 | $63.6K | $46.1K | $154K | |
| 13 | Okotoks, AB | 0.201% | 40 | $84.6K | $42.2K | $234K | |
| 14 | Cold Lake, AB | 0.192% | 33 | $64.8K | $33.7K | $243K | |
| 15 | Whitecourt, AB | 0.160% | 36 | $74K | $32.2K | $170K | |
| 16 | Stony Plain, AB | 0.160% | 38 | $61.7K | $34.3K | $175K | |
| 17 | Lloydminster, AB | 0.135% | 34 | $68.1K | $41.3K | $202K | |
| 18 | Edson, AB | 0.132% | 36 | $68.7K | $33K | $160K | |
| 19 | Leduc, AB | 0.122% | 38 | $85.3K | $41.3K | $190K | |
| 20 | Fort Saskatchewan, AB | 0.120% | 36 | $74.4K | $44.9K | $205K | |
| 21 | Strathmore, AB | 0.119% | 38 | $72.2K | $23.5K | $173K | |
| 22 | Olds, AB | 0.114% | 39 | $59.6K | $32.9K | $174K | |
| 23 | Sylvan Lake, AB | 0.114% | 35 | $68.1K | $37.1K | $229K | |
| 24 | Wetaskiwin, AB | 0.111% | 38 | $56.5K | $26K | $133K | |
| 25 | Cochrane, AB | 0.111% | 39 | $72.3K | $43.4K | $226K | |
Age Ranges for Mortgage Applicants
In Alberta, the median age for when people inquire about a mortgage loan is 35. The youngest person to apply for a mortgage online in Alberta was 18 years old; the oldest was 100 years old.
Marital Status for Mortgage Applicants
When people in Alberta fill out a online application with Super Brokers, they enter a marital status, and the most popular status' they report are Married with 47.2%, Single with 29.1%, Common Law with 14.5%, Divorced with 4.5%, Separated with 3.9%, and Widowed with 0.7%.
Mortgage Types
Of the mortgages in Alberta, the 3 most popular inquiry types are Qualification with 21.2%, First-time Buyer with 16.7%, and Purchase with 14.8%.
- Qualification
- Other
- First-time Buyer
- Purchase
- Refinance
- No Money Down
| Qualification | 21.2% |
| Other | 20.2% |
| First-time Buyer | 16.7% |
| Purchase | 14.8% |
| Refinance | 14.5% |
| No Money Down | 12.6% |
Current Living Arrangement
When asked on a mortgage application if they rent or own and where they currently reside, the folks of Alberta most frequently report: Own with 43.3%, Rent with 42.9%, and Live with parents with 3.8%.
