Foreclosures in Québec Decrease for a Third Consecutive Year in 2012

Good News!

According to the Québec Federation of Real Estate Boards, it is the third consecutive drop in mortgage foreclosures.

In 2012, in Quebec, 1,469 properties were seized by their mortgagee. 11% less than in 2011.

We are far from the peak in 2009 when 2,503 properties were seized by creditors.

Cyrill Jouzeau

Cyrill Jouzeau

Real Estate Broker
CENTURY 21 Innovation
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