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More Chinese Cities May Tighten Housing Markets: Journal

CHINA PRESS
MNI (Sydney)

More Chinese cities, particularly those with fast rising home prices, are likely to further tighten housing regulations, the China Securities Journal reported citing analysts. Mortgage approvals may also be tightened as easing monetary policies are withdrawn, the newspaper said. Some banks are tightening quotas, delaying lending, and even raising mortgage rates, reflecting regulators' hardening stance on containing bubbles and controlling risks in the real estate market, the newspaper said.

MNI Sydney Bureau | +61-405-322-399 | lachlan.colquhoun.ext@marketnews.com
MNI Sydney Bureau | +61-405-322-399 | lachlan.colquhoun.ext@marketnews.com

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