Three more cities including Hangzhou, capital of East China's Zhejiang Province have reportedly relaxed or canceled their home purchase limits.
Starting from Tuesday, local residents will not be required to offer documentary evidence of any existing apartments owned by their families when they plan to buy apartments in Xiaoshan and Yuhang districts, according to a notice released by Hangzhou Housing Security and Real Estate Management Bureau on its Weibo on Monday.
Homebuyers who plan to buy apartments with areas of over 140 square meters in downtown don't have to offer the documents, the notice said.
Residents in Shijiazhuang, capital of North China's Hebei Province, and Xuzhou, a city in East China's Jiangsu Province, will also not need to offer similar documents when they plan to buy apartments, local media reported on Monday.
Prepare for pop of property bubble
2014-05-05Property bubble burst foreseen
2013-11-11Property weakness overhangs recovery
2014-06-14China‘s property market continues to cool off in May
2014-06-13China‘s property climate index drops in May
2014-06-13RRR cut won‘t aid property market
2014-06-11Protests in vain as property market weakens
2014-06-05Govt curbs on property speculation to continue
2014-06-05Copyright ©1999-2018
Chinanews.com. All rights reserved.
Reproduction in whole or in part without permission is prohibited.