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Trudeau’s Canada: Average asking rental price reaches record high

The average asking rental price in Canada surpassed $2,200 to reach a record high in May, according to a new report.

Published Thursday by Rentals.ca and Urbanation(opens in a new tab), the report found that the average monthly asking price for all residential rentals increased by 9.3 per cent year-over-year to hit $2,202 in May.

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