Thursday, December 17, 2009

Vacancy Rate

Despite tough economic times, its getting more difficult to find anapartment in Kenora.

Recent figures released by the Canada Mortgage and Housing Corporation shows the vacancy rate in the city is just 0.8 percent.

That's down from 1.7 percent last year.

The good news is that the average cost to rent an apartment decreased slightly this past year.

Rent for a two bedroom unit fell to 732 dollars, from 740 dollars the year before.