{video}Canadian housing prices are set to surge again in the coming months as investors and first-time buyers scramble to buy before interest rates go up, ignoring a warning from the Bank of Canada that there is a high risk of a sudden price drop. Central bank Deputy Governor Paul Beaudry told would-be home buyers on Tuesday to consider if it is a “good time to buy or not,” pointing to market frothiness in certain cities and renewed investor activity. Those conditions could “expose the market to a higher chance of a correction,” he said. The Bank of Canada last month signaled the overnight rate, currently at a record ... (full story)