More cities to relax housing restrictions

TIMELINE

CITIES LOOSENING HOME PURCHASE RESTRICTIONS

・May

Nanning, the capital city of Guangxi Zhuang autonomous region, became the first city to ease home purchase restrictions by allowing more non-residents to buy homes. Other cities such as Wuxi, Ningbo and Tongling soon followed with their own measures, and many more were reported to be considering similar steps.

・June 27

Hohhot, capital of Inner Mongolia, became the first city to drop all restrictions on home purchases.

・July 10

Jinan, capital of Shandong province, did likewise.

・July 14

Nanchang, capital of Jiangxi province, announced a relaxation on home purchases in some districts.