Mortgages Serious concerns raised over housing appraisals in Canada Add to ...


The Globe and Mail |
Show Description
Business reporters Grant Robertson and Tara Perkins talk to Hannah Sung about an investigation by The Globe and Mail that uncovered a hidden risk in Canada’s housing markets: The rise of automated lending approvals, which have created a rapid-fire system that has financial regulators worried about the foundations of Canada’s housing market – that the true value of Canadians’ homes could be far lower than what computerized or human appraisers have estimated.

More from this section

Editor's Picks

Globe Shows »

Amazing Space
Take a look inside innovative Canadian workplaces
Put your best foot forward with our expert advice
Inside Jobs
Profiles of innovative small businesses
Carrick Talks Money
Rob Carrick takes the guess work out of your money issues.
Nik on Numbers
Pollster Nik Nanos crunches the numbers in Canadian politics
Portfolio Checkup
Experts share their advice portfolios of real individuals
Investor Clinic
John Heinzl helps you understand the complex world of investing
Market View
Insights on developing market news