Here is your Morning News Rundown for Tuesday January 8th:

Calgary House Prices Forecast to Increase 2.5% This Year: Royal LePage – Calgary Herald

Average Calgary House Price of $428,655 in 2012 a New Record – Calgary Herald

Cooling House Market Could Undercut Retirement Plans – CBCNews

Ottawa’s $800-Billion Housing Problem – Globe and Mail

Alberta Urged to “Stay the Course” on Water Management Plan – Calgary Herald