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Twenty-one cities in China have released tightening measures on home purchases since September 30, marking a new round of controls aimed at cooling down the fizzling market. Here is a list of the cities.
Beijing
Date of policy release: Sep 30, 2016
Highlights of the policies:
The down payment for first homebuyers should be no less than 35 percent, while that for second home purchases should be no less than 50 percent.
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Night view of the CCTV Tower (center), the headquarters of China Central Television, and other buildings in Beijing, on May 18, 2016. [Photo/IC] |
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