Guess what - in about 12 months time, interest rates will have, or will soon be beginning to increase (This is undeniable). With Manulife's latest report stating that 71% of homeowners would not be able to service as little as a 10% increase in their monthly mortgage costs, you can expect that that will be when the house of cards really starts coming down as many over leveraged homeowners will be forced to sell. 
We're now in a period of stagnant activity, which will be followed by maybe some minor ups and downs, but when (not if) interest rates jump around this time next year, that's when it will really start correcting (or crashing). BUYER BEWARE