.Prior was actually -12.2% (changed to -12.7%) Permits at $9.9 billion vs $11.6 billion priorresidential permits reduced 11.5% to $6.5 billion, led by multi-unitsingle-family homes +4.0% m/mnon-residential sector permits lowered 18.1% complying with a 21.3% boost in MayThese are back-to-back monthly declines of 12.7% and 13.9% in Canadian property licenses. The apartment boom is surely over with Ontario multi-unit home down 25.7% as well as British Columbia -31.1% m/m. Adjusted for inflation, costs is actually well-below 2019 amounts.This write-up was actually composed by Adam Switch at www.forexlive.com.