.Prior was -12.2% (modified to -12.7%) Permits at $9.9 billion vs $11.6 billion priorresidential licenses reduced 11.5% to $6.5 billion, led by multi-unitsingle-family homes +4.0% m/mnon-residential field permits lowered 18.1% complying with a 21.3% rise in MayThese are back-to-back monthly drops of 12.7% and also 13.9% in Canadian structure authorizations. The apartment boost is actually surely over along with Ontario multi-unit household down 25.7% and British Columbia -31.1% m/m. Readjusted for rising cost of living, spending is well-below 2019 amounts.This post was created by Adam Button at www.forexlive.com.