Beijing District Scraps Price Limits on Pre-Owned Homes

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.