Analysts link the upward trajectory of rents for Paris availabilities to an influx of higher-priced units previously marketed for short-term uses rather than to competition for accommodation.

Short-term rental housing providers in major European cities are now pursuing local tenants and advertising more mid- and long-term availabilities as a hedge against slumping international travel.

The platform typically boasts about 50,000 active listings for rental accommodations, stretching across several European markets that have suffered high rates of COVID-19.

Supply and demand trends in 18 European markets may resonate with Canadian landlords and apartment hunters, as analysts conclude "the lack of rental properties on offer is only aggravating the situation".

After continuous, and sometimes steep, increases in rent in major European cities over the past few years, prices seem to have plateaued and are leveling out this quarter, according to a new report from HousingAnywhere.