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Beijing moves to curb housing prices

Nine cities in total announce measures to tighten market including restrictive measures on purchases, tightening access on mortgages, and lowering loan-to-value ratios

Published Sun, Oct 9, 2016 · 09:50 PM

Beijing

BEIJING has just implemented a series of measures to curb a growing bubble in housing prices, but analysts say these remain targeted and should not impact the recent pickup of economic activity.

Property prices in first-tier cities have more than doubled year-on-year as mortgage rules eased and banks lent freely.

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