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More Chinese cities tighten restrictions on home purchase and resale after price hikes


More Chinese cities are tightening restrictions on home purchase and resale after rapid growth of home prices have raised concerns. Analysts believe that, as the top authority called for a stable housing market in several occasions recently, other Chinese cities with overheating housing markets will also tighten property curbs.

Shenyang, capital city of northeastern China's Liaoning province, announced a package of measures to cool the real estate market, according to a document released by the local . . .

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