Economics
China Property ‘Stealth Easing’ Spreads in Boost to Home Prices
- At least 11 cities have eased residency permit rules this year
- Moves equivalent to lowering home-buying thresholds: Centaline
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At least 11 Chinese cities have eased restrictions on residency-permits this year, potentially giving their ailing property markets a boost.
The moves are seen as part of a “stealth easing” of property curbs that have helped keep a lid on housing prices. New-home prices rose at the slowest pace in eight months in December, the most recent data show.