Slowing Rent Growth Eases Affordability Pressures for Canadian Renter Households: Report

Square Close up of a real estate For Rent sign with road trees and sky background. Red and white sign board for a home or property that is available for rent.

An analysis from Rentals.ca has revealed that affordability pressures are easing for Canadian renter households as rent growth slows across several markets.

Using CMHC’s affordability benchmark of 30 per cent of pre-tax household income, and average asking rent data from the monthly National Rent Report published by Rentals.ca and Urbanation...