Bank of Canada governor Tiff Macklem said he’s seeing “worrying” signs in Canada’s hot housing market, in which households are taking on increasing levels of debt to chase rising prices. In February, Macklem said the market was showing signs of “excessive exuberance,” in the central bank’s first indication of concern as national real estate prices jumped 25 per cent from the year before. “Since then, the housing market has continued to run strong across a variety of dimensions; price increases have continued at a pretty high rate,” Macklem said in an interview with the Financial Post on Wednesday. “If you look at the ... (full story)