Investment in building construction fell 1.3% to $22.6B in March, the third straight monthly decline…

… driven by residential activity, which shed over 2% in both multi-unit and single-family dwellings - led by Ontario in both cases.

That offset a 3% gain in industrial construction investment, which led non-residential activity and should continue - given the uptick in industrial permitting…

… as developers look to capitalize on higher rent growth.