Wednesday, January 8, 2014

Vacancy Rates in Kenora Dropping

Rental rates in the City of Kenora are starting to tighten up a bit.

The vacancy rate last year went down to 3.4 percent, down from 5.5 percent the year before.

Warren Philp from the Canada Mortgage and Housing Corporation says those figures are pretty consistent with the province as a whole.

Philp says a vacancy rate of 3.4 percent is actually pretty good news for
anyone trying to find an apartment to rent in the city.