Sep 12, 2023 05:28 AM

ECONOMY

Beijing District Scraps Price Limits on Pre-Owned Homes

00:00

00:00/00:00

Listen to this article 1x

What’s new: China’s capital city took another step to bolster the ailing housing market by easing price controls on pre-owned homes that were introduced to rein in the once white-hot market.

Authorities in Beijing’s Haidian district, known for its prestigious schools, scrapped guidelines on the price range for pre-owned homes, affecting properties in 29 neighborhoods, multiple sources told Caixin.

Register to read this article for free.

Register

Share this article

Open WeChat and scan the QR code

GALLERY

: Gallery: Innovation Takes Off at Flying Vehicle Expo

NEWSLETTERS

Get our CX Daily, weekly Must-Read and China Green Bulletin newsletters delivered free to your inbox, bringing you China's top headlines.

We ‘ve added you to our subscriber list.

Manage subscription

PODCAST

Caixin Deep Dive: How China’s Crypto Ban Makes Disposing of Seized Assets a Lot Harder

00:00

00:00/00:00

MOST POPULAR

1: Cover Story: How the Yuan is Taking Over the Dollar’s Role in Global Trade

2: Chinese Regions Dial Back Car Subsidies as Funds Dry Up

3: Alipay Fined by Luxembourg Regulator for Anti-Money Laundering Breaches

4: Ex-UBS Banker in Hong Kong Jailed 10 Years for Laundering $17.2 Million

5: China Slaps Up to 78% Tariffs on U.S. Fiber Optic Imports in First-Ever Anti-Circumvention Case

SPONSORED

OR