Thursday, December 15, 2011

Rent Rates in Kenora

Some good news if you're a renter in Kenora.


The vacancy rate has hit its highest level in five years at five percent.

Warren Philp is an analyst with the Canada Mortgage and Housing Corporation and suggests
vacancy rates can be considered an economic indicator for the city.

Philp adds that the average rent for a two bedroom unit in Kenora has dropped to 757 dollars a month, down from 799 dollars last year.