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CHINA: China Weighs Removing Major Homebuying Restrictions

CHINA
  • China is considering removing some of the largest remaining restrictions on home purchases after previous measures failed to revive a moribund housing market, according to people familiar with the matter (See link)
  • Property Indices are gapping higher on the news; Mainland Property Index  +2.63%, HS Property Index +2.29%, CSI 300 Real Estate Index +1.35%
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  • China is considering removing some of the largest remaining restrictions on home purchases after previous measures failed to revive a moribund housing market, according to people familiar with the matter (See link)
  • Property Indices are gapping higher on the news; Mainland Property Index  +2.63%, HS Property Index +2.29%, CSI 300 Real Estate Index +1.35%