Here is your Morning News Rundown for Wednesday, August 7:

June’s Flood Impacts Calgary’s Real Estate Market – 660News

Building Permits, June 2013 – Statistics Canada

Calgary Leads Nation in Building Permit Growth – Calgary Herald

Homeless Group Fears CMHC Bank Cap Will Tighten Rental Market – CBCNews Calgary

Attainable Homes Breaks Ground in Calgary’s West Springs – Avenue Magazine

96 Ave. Extension Officially Opens in Northeast Calgary – Calgary Sun

Communities Fear Falling Down Priority List for Flood Repairs – Calgary Herald

Tax Break Approved for Hardest Hit Homeowners – Banff Crag and Canyon

Ottawa’s Latest Housing Crackdown Has Some Wondering – Why Now? – Financial Post

Housing Poised for Upward Swing, Royal LePage Says – CBCNews

RBC Downgrades Zillow, Sees Little Upside Left After 220% Rally in 2013 – Globe and Mail