Wednesday, July 25, 2012

Home Sales Up


The Municipal Property Assessment Corporation says the average home price in the Kenora and Rainy River districts has increased 26 per cent over the past four years. 

MPAC's chief assessor Larry Hummel says different forces affect the real estate market in northern Ontario, including the recent increase in activity in the mining sector.

Overall, Ontario's home prices are up 17 per cent.