.Prior was actually -12.2% (revised to -12.7%) Permits at $9.9 billion vs $11.6 billion priorresidential licenses minimized 11.5% to $6.5 billion, led by multi-unitsingle-family homes +4.0% m/mnon-residential sector permits lowered 18.1% following a 21.3% rise in MayThese are back-to-back regular monthly decreases of 12.7% as well as 13.9% in Canadian property licenses. The condo boom is actually surely over along with Ontario multi-unit domestic down 25.7% and English Columbia -31.1% m/m. Adjusted for inflation, spending is actually well-below 2019 amounts.This write-up was created through Adam Button at www.forexlive.com.