The PRC government rolled out numerous measures to rein in soaring housing prices this year, but that's not the only story from this sector. In addition to the implementation of Circular 698 and the toughened stance of Circular 186 on foreigner purchase restrictions, the real estate market is gearing up for an injection of fresh investment from insurance companies
CSRC controls margin trading of insurance companies and prohibits speculation.
Loans to purchase third property stopped.
Thresholds for preferential property-related tax policies raised.
Guangzhou imposes age restriction on purchase of property.
Shanghai restricts purchase of residential premises to only one more unit.
CIRC controls margin trading of insurance companies and prohibits speculation.
Building of high-end housing restricted.
Stringent definition of the second unit of residential premises.
Beijing requires the verification of household and marriage certificates when purchasing property.