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The average housing rental price in Canada is up 4.3% year-on-year, with short-term rentals being blamed.

Data from 12,000 rental listings of all property types across 30 cities shows the national average rent is $1,854 per month with Montreal renters seeing the highest increase of 25%.

In 2019 Airbnb removed around 31,100 units from the long-term rental market leading to calls for regulation.

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