Here is your Morning News Rundown for Wednesday July 3rd:

Monthly Housing Summaries: June 2013 – CREB®

Condo Ownership on the Rise in Calgary – Calgary Herald

Calgary Flood Damage to Cost City $256M – CBCNews

Canada Housing Boom Took Household Debt to Ridiculous Levels – Huffpost Alberta

Rising Rates Creating Increasing Dilemma for Homeowners – Financial Post

Canadian Economic Forecast: Half of Advisors Expect Zero Growth For Rest of Year, Sun life Survey Finds – Huffpost Alberta

Worries of Crash Persist in Toronto’s Condo Alley – Financial Post

Investors Group Warned Members to Avoid Rent-To-Own Business – CBCNews