You are here

Chinese cities introduce curbs to cool home prices

Tuesday, October 4, 2016 - 05:50

BT_20161004_SHENZHEN_2526027.jpg
Beijing, Chengdu, Hefei and Suzhou are among Chinese hubs that have implemented curbs to cool home prices. Authorities in those metropolitan areas introduced measures ranging from raising downpayment requirements for both first and second homes to ruling some potential buyers ineligible.

Shanghai

LOCAL governments in nine Chinese cities tightened rules for home purchases over the last few days in a bid to damp resurgent demand and rein in excessive speculation.

Beijing, Chengdu, Hefei and Suzhou are among Chinese hubs that have implemented curbs to cool home prices

sentifi.com

Market voices on:

Nespresso
Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at btsub.sg/btdeal

Powered by GET.comGetCom