Mortgage Stats and Info for Nunavut, Canada

Busy Months

This graph below illustrates the volumes of Internet applications received by Super Brokers in each month for all years combined. The busiest month for mortgages from Nunavut occurs in May with 14.0% of applications, while our slowest is August with 3.5%.

Busy Days

The information listed below illustrates the busy days for Internet mortgage 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 Nunavut the most busy day, averaging 19.3% of all applications, is Friday. In comparison, Saturday is the slowest day with only 8.8% of all inquiries.

Peak Hours

In Nunavut, inquiries are received 24 hours a day from the Super Brokers web site. The statistics shown below represents the peak hours over a 24-hour period. 31.6% of all mortgages are received during the morning, while 68.4% arrive in the afternoon.

Busy Seasons

The pie chart shown below depicts the peak seasons for online mortgage inquiries received by Super Brokers. The busiest season for mortgage applications within Nunavut generally occurs in Spring with 33.3%, while our slowest season is Summer with 15.8%.

Top Cities

See more Top Cities

Average
Rank#City/Town% of InquiriesAgeIncomeCo-IncomeLoan
1Iqaluit, NU0.040%43$105K$75.7K$232K
2Rankin Inlet, NU-36$87.3K$44.2K$218K
3Cambridge Bay, NU-36$106K$50K$438K
4Gjoa Haven, NU-43$87K$60K$70K
5Igloolik, NU-40$87.7K$30K$295K
6Pangnirtung, NU-50$75.3K-$53.9K
7Cape Dorset, NU-45$63.4K$65K$185K
8Pond Inlet, NU-41$100K$25K$100K
9Whale Cove, NU-36$83.8K$48K-
10Arviat, NU-46$105K--
11Chesterfield Inlet, NU-49$70K$80K$45K
12Kimmirut, NU-42$65K-$30K
13Kugluktuk, NU-28$25K$14.5K-

Age Ranges for Mortgage Applicants

In Nunavut, the median age for when home-buyers apply for a mortgage is 41. The youngest person to fill out a mortgage application online with SuperBrokers was 19 years of age, whereas the oldest was 60 years old.

Marital Status for Mortgage Applicants

When mortgage applicants in Nunavut fill out a mortgage application on our website, they enter a marital status, and the most popular status' they report are Married with 47.4%, Common Law with 26.3%, Single with 21.1%, and Divorced with 5.3%.

Mortgage Types

Of the many mortgage applications in Nunavut, the 5 most popular mortgage inquiry types are No Money Down with 22.8%, Qualification with 22.8%, Purchase with 21.1%, Refinance with 15.8%, and First-time Buyer with 12.3%.

Current Living Arrangement

When asked on an online mortgage application if they own or rent and where they reside, the residents of Nunavut most commonly respond: Rent with 59.6%, Own with 28.1%, and Live with parents with 7.0%.

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