Mortgage Stats and Info for British Columbia, Canada

Busy Months

This graph below represents the volumes of mortgage applications received by Super Brokers in each month for all years combined. The busiest month for mortgages from British Columbia mostly occurs in May with 10.1% of applications, while our slowest is December with 5.0%.

JanFebMarAprMayJunJulAugSepOctNovDec0%3%6%9%12%
Busy Months for Mortgages in British Columbia
May10.1%
April9.8%
March9.8%
January9.5%
June9.3%
February9.0%
August8.5%
July7.9%
September7.6%
October7.0%
November6.5%
December5.0%

Busy Days

The information listed below plots the busy days for mortgage inquiries that were received by Super Brokers. Each day represents a combined total of all occurrences of that day in the past 5 years. In British Columbia the busiest day, with 17.6% of all submissions, is Tuesday. In comparison, Saturday is the slowest day with only 9.8% of all inquiries.

MonTueWedThuFriSatSun0%5%10%15%20%
Busy Days for Mortgages in British Columbia
Tuesday17.6%
Monday16.9%
Wednesday16.0%
Thursday15.4%
Friday12.9%
Sunday11.4%
Saturday9.8%

Peak Hours

In British Columbia, inquiries are received 24 hours a day on the Mortgage Super Brokers web site. The following indicates the busy hours for mortgage inquiries in the day. 25.8% of all mortgages are received during the morning, while 74.2% arrive in the afternoon.

0%2%4%6%8%Midnight6 AMNoon6 PM
Peak Hours for Mortgages in British Columbia
Midnight - 1 AM1.7%
1 AM - 2 AM1.0%
2 AM - 3 AM0.6%
3 AM - 4 AM0.5%
4 AM - 5 AM0.4%
5 AM - 6 AM0.5%
6 AM - 7 AM0.9%
7 AM - 8 AM2.0%
8 AM - 9 AM3.3%
9 AM - 10 AM5.1%
10 AM - 11 AM6.8%
11 AM - Noon7.7%
Noon - 1 PM6.9%
1 PM - 2 PM7.0%
2 PM - 3 PM6.8%
3 PM - 4 PM6.3%
4 PM - 5 PM6.6%
5 PM - 6 PM5.6%
6 PM - 7 PM5.8%
7 PM - 8 PM5.4%
8 PM - 9 PM5.6%
9 PM - 10 PM5.7%
10 PM - 11 PM4.8%
11 PM - Midnight3.1%

Busy Seasons

The pie chart displayed below lists the busy seasons for Internet application submissions received by Super Brokers. The busiest season for mortgages on properties in British Columbia generally occurs in Spring with 29.8%, while our slowest season is Autumn with 21.0%.

23.5%29.8%25.7%21.0%
  • Winter
  • Spring
  • Summer
  • Autumn
Busy Seasons for Mortgages in British Columbia
Winter23.5%
Spring29.8%
Summer25.7%
Autumn21.0%

Top Cities

See more Top Cities

Average
Rank#City/Town% of InquiriesAgeIncomeCo-IncomeLoan
1Vancouver, BC0.94%39$72.5K$44.4K$279K
2Surrey, BC0.71%39$69.4K$39K$230K
3Victoria, BC0.64%40$65.6K$38.3K$240K
4Kelowna, BC0.325%41$70.5K$53.5K$214K
5Burnaby, BC0.314%37$58.8K$53.8K$221K
6Abbotsford, BC0.292%38$55.2K$33.2K$203K
7Prince George, BC0.287%38$52.4K$43.6K$155K
8Kamloops, BC0.277%38$50.4K$37.4K$167K
9Chilliwack, BC0.274%41$60.2K$44.7K$181K
10Richmond, BC0.266%40$64.7K$30.5K$221K
11Fort St. John, BC0.252%33$70.7K$39K$192K
12Coquitlam, BC0.230%38$69.1K$41K$235K
13Nanaimo, BC0.223%41$50.2K$27.3K$154K
14Langley, BC0.217%39$59.7K$37.4K$196K
15North Vancouver, BC0.212%40$73.1K$114K$292K
16Maple Ridge, BC0.179%41$59.6K$38.1K$199K
17Delta, BC0.163%42$64.4K$45K$243K
18Vernon, BC0.160%40$57.4K$29.9K$173K
19New Westminster, BC0.158%39$56.9K$34.1K$220K
20Dawson Creek, BC0.114%36$52.9K$31.7K$130K
21Campbell River, BC0.108%41$63K$27.6K$193K
22Terrace, BC0.105%39$56.5K$46.4K$169K
23Penticton, BC0.103%43$78.1K$34.6K$186K
24Port Alberni, BC0.097%39$46K$27.7K$114K
25Nelson, BC0.097%39$66.2K$28.3K$180K

Age Ranges for Mortgage Applicants

In British Columbia, the median age for when home-buyers inquire about a mortgage loan is 38. The youngest to apply for a mortgage with SuperBrokers in British Columbia was 18, whereas the oldest was 100 years old.

British Columbia0255075100Min Age: 18Median Age: 38Maximum Age: 100

Marital Status for Mortgage Applicants

When mortgage applicants in British Columbia fill out a online application through our website, they enter a marital status, and the most popular status' they report are Married with 49.3%, Single with 26.9%, Common Law with 14.4%, Divorced with 4.4%, Separated with 4.1%, and Widowed with 1.0%.

British Columbia0306090120

Mortgage Types

Of the applications in British Columbia, the 5 most popular application types are Qualification with 23.5%, First-time Buyer with 14.7%, Refinance with 14.7%, Purchase with 14.3%, and No Money Down with 12.5%.

  • Qualification
  • First-time Buyer
  • Refinance
  • Purchase
  • No Money Down
  • Renewal
  • Other
Mortgage Inquiry Types for Mortgages in British Columbia
Qualification23.5%
First-time Buyer14.7%
Refinance14.7%
Purchase14.3%
No Money Down12.5%
Renewal10.2%
Other10.0%

Current Living Arrangement

When asked on an online mortgage application if they rent or own and where they currently live, the people of British Columbia frequently say: Own with 45.9%, Rent with 43.7%, and Live with parents with 3.4%.

British Columbia0255075100
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