According to an official from Ministry of Housing and Urban-Rural Development (MoHURD), cities (except for tier-1 cities) are allowed to adjust their home purchase restrictions (HPR) according to the situation in the local property market. But he said that MoURD would not issue a formal notice to allow cities to freely adjust HPR. (Guandian)
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.