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
| Average | |||||||
|---|---|---|---|---|---|---|---|
| Rank# | City/Town | % of Inquiries | Age | Income | Co-Income | Loan | |
| 1 | Iqaluit, NU | 0.040% | 43 | $105K | $75.7K | $232K | |
| 2 | Rankin Inlet, NU | - | 36 | $87.3K | $44.2K | $218K | |
| 3 | Cambridge Bay, NU | - | 36 | $106K | $50K | $438K | |
| 4 | Gjoa Haven, NU | - | 43 | $87K | $60K | $70K | |
| 5 | Igloolik, NU | - | 40 | $87.7K | $30K | $295K | |
| 6 | Pangnirtung, NU | - | 50 | $75.3K | - | $53.9K | |
| 7 | Cape Dorset, NU | - | 45 | $63.4K | $65K | $185K | |
| 8 | Pond Inlet, NU | - | 41 | $100K | $25K | $100K | |
| 9 | Whale Cove, NU | - | 36 | $83.8K | $48K | - | |
| 10 | Arviat, NU | - | 46 | $105K | - | - | |
| 11 | Chesterfield Inlet, NU | - | 49 | $70K | $80K | $45K | |
| 12 | Kimmirut, NU | - | 42 | $65K | - | $30K | |
| 13 | Kugluktuk, 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%.
