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Iron ore is stored at Yingkou Port, one of China’s biggest ports for the import of the commodity, in Liaoning province.
Iron ore is stored at Yingkou Port, one of China’s biggest ports for the import of the commodity, in Liaoning province.
(SHENG LI/REUTERS)

SCOTT BARLOW

Gold and your home’s value: a disconcerting correlation

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Even if you don’t own gold bullion or mining shares, the recent meltdown in commodity prices may affect your personal bottom line. The reason: Canadian home prices seem to echo moves in global commodity prices.