FREELAND: CANADA WON'T ESCALATE OR BACK DOWN ON US TRADE FIGHT

MNI: PBOC To Aim To Drive Inflation Higher- Advisors

MNI: China To Issue More Bonds As Stimulus Targets Consumption

MNI: PBOC To Aim To Drive Inflation Higher- Advisors

MNI: China To Issue More Bonds As Stimulus Targets Consumption

MNI BRIEF: China Nov M1 Decline Narrows, M2 Slows

EZ/UK T-Bill Calendar: 8/13/28/50-Week BTF Auction on Monday

EZ/UK Bond Supply Calendar: 4.125% Jul-29 Gilt Due on Tuesday

MNI: CANADA OCT WHOLESALE SALES +3.3%; EX-AUTOS +0.5%

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

CHINA PRESS: Tier-One Cities Relax Homebuying Restrictions

CHINA PRESS
EM BulletAPACChinaEmerging Market NewsBulletGlobalFixed Income BulletsForeign Exchange BulletsRegionMarkets

Guangzhou city lifted all home purchase restrictions on Monday, allowing homebuyers with or without a local Hukou to buy property without quantity limits. Shanghai lowered the minimum downpayment ratio for first and second homes to 15% and 25%, from the previous 20% and 35%. Shanghai also reduced the number of local tax years needed to qualify for purchasing property for non-local residents in suburban areas to one year from three years. Shenzhen reduced the down payment ratios for first and second homes to 15% and 20%, and relaxed rules on first-home recognition for multi-child families. (Source: China News Service)

99 words

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.

Guangzhou city lifted all home purchase restrictions on Monday, allowing homebuyers with or without a local Hukou to buy property without quantity limits. Shanghai lowered the minimum downpayment ratio for first and second homes to 15% and 25%, from the previous 20% and 35%. Shanghai also reduced the number of local tax years needed to qualify for purchasing property for non-local residents in suburban areas to one year from three years. Shenzhen reduced the down payment ratios for first and second homes to 15% and 20%, and relaxed rules on first-home recognition for multi-child families. (Source: China News Service)