China May Pause Further Housing Restrictions: Times

China may not further tighten its housing policies, with some local governments may even marginally relax restrictions given that the cooling housing market has placed developers in financial trouble and raised concerns about increasing risks, the Securities Times reported citing analysts. The government is expected to release some loosening on home sales around November, so to stabilize the operation of developers, as it should still guard against the possibility of further cooldown of the market in Q4, the newspaper said citing Yan Yuejin, research director at E-House Research Institute. Housing hotspots will continue with purchasing limits, while cities that saw falling home prices may welcome some policy boost, as some local governments including Guilin and Shenyang have recently moved to strictly control large home price cuts, the newspaper said citing analysts.