Several Chinese cities introduced measures to boost home purchases since November as inventories climb

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At least seven Chinese cities have introduced measures since November to boost home purchases, including providing subsidies or deed tax reduction.

Jinmen city, in central China's Hubei province, has announced new rules to support home purchases, reported the local government-backed Jinmen News on Thursday.

The city will offer subsidies to first-time home buyers who graduated from colleges within five . . .

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