Exclusive-Shanghai, Shenzhen to lift key home purchase curbs to boost demand, sources say |

(Reuters) - Top Chinese cities Shanghai and Shenzhen are planning to lift key remaining restrictions on home purchases to attract potential buyers and shore up their flagging real estate markets, four sources with knowledge of the matter said.

Under the planned changes, potential buyers will no longer have to be vetted for eligibility and people from other places in China will be allowed to buy homes in the popular cities, which had been previously tightly controlled due to worries about excess speculation.

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Exclusive-Shanghai, Shenzhen to lift key home purchase curbs to boost demand, sources say

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