Friday, August 29, 2014

ecns [expanded by feedex.net]: E China's Hangzhou lifts housing purchase limits

ecns [expanded by feedex.net]

ecns

E China's Hangzhou lifts housing purchase limits
http://www.ecns.cn/visual/hd/2014/08-29/47742.shtml
Aug 29th 2014, 07:51

2014-08-29 16:49 Xinhua Web Editor:Li Yan






Photo taken on Aug 29, 2014 shows a high-grade residential buildings community and empty roads in Hangzhou, capital of east China's Zhejiang province. The housing security and management bureau of Hangzhou lifted three-year-old restrictions on homes smaller than 140 square meters from Aug 29 due to sluggish sales and overstock. China's property market saw a weak first half of the year, prompting dozens of cities nationwide to remove housing purchase limits in a bid to revive sales and boost the economy. (Xinhua/Wang Dingchang)





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