.Prior was -12.2% (changed to -12.7%) Allows 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 sector enables minimized 18.1% observing a 21.3% rise in MayThese are actually back-to-back month-to-month drops of 12.7% and 13.9% in Canadian property licenses. The condominium upsurge is definitely over along with Ontario multi-unit household down 25.7% and English Columbia -31.1% m/m. Readjusted for rising cost of living, spending is actually well-below 2019 amounts.This write-up was composed by Adam Switch at www.forexlive.com.