STUDY: Income Growth Now Determines Affordability in Canada’s Rental Market, Not Rent Price or City Size

TORONTO–(BUSINESS WIRE)–Rent prices have eased for renters across Vancouver and Toronto, but new data shows that lower rental payments are not enough to alleviate the burden of rising financial obligations and employment concerns across all rental markets. The Rent Cheque: 2026 Rental Intelligence Report by SingleKey, a leading rental risk intelligence platform, found that income growth is now the determining factor for affordability across Canada’s rental market, especially in secondary mark

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