Here is your Morning News Rundown for Tuesday August 7th:

Calgary’s July Sales Jump 21% from 2011 – Calgary Sun

Value of Building Permits Down 2.5 Per Cent in June: Statistics Canada – Global TV Calgary

More Investors Turning to Vendor-Takebacks – Canadian Real Estate Magazine

Has Toronto’s Condo Roller Coaster Peaked? – Financial Post

Market News: Sales on Par with Last Decade – National Post