As VancouverCondo.info so accurately notes, there is a massive absence of publicly accessible and usable data in the Canadian real estate industry. Much of that stems from the anti-competitive practices of the CREA and it's member boards, but occasionally some businesses will offer a great resource for understanding who is buying and selling. CanEquity is one such organization. I'm not sure what their market share in Victoria is like, but I'd imagine their experiences are fairly similar to most mortgage lenders in the local game. Here's what they say about who is applying for mortgages in the CRD:
I'll let readers dissect this data in the comments. I'm surprised at the new insights and pleased by having prior convictions confirmed in this information. Most surprising is the number of renters trying to become homeowners for the first time. I'd have thought the low average dollar amount of mortgages would point to a disproportionate number of refinances, not an almost 50% FTBer market share.