What’s new: Southern Chinese metropolis Guangzhou has eased home purchase curbs on foreign nationals, as well as buyers from Hong Kong, Macao and Taiwan, in its latest effort to prop up the housing market.
Non-Chinese mainland buyers are now allowed to buy an unlimited number of homes larger than 120 square meters in the city. Previously, non-locals were permitted to buy only one home. However, in the five urban districts with homebuying restrictions they can still only buy one residence smaller than 120 square meters.
