"The central bank listed the country's climbing level of household debt and its persistently overvalued real estate market as key vulnerabilities in the financial system."
Maybe not the best time to shop, when your own national central bank tells you it's worried about the possibility of a widespread housing price correction.
Let's see what happens when the oil goes down below $50/barrel again, which is still very possible.
http://www.ctvnews.ca/business/debt-...-boc-1.2417289