Qingdao scrapped all purchase restrictions on second-hand homes on Thursday, then reinstated some of them on Friday morning. Photo: EPA
Qingdao scrapped all purchase restrictions on second-hand homes on Thursday, then reinstated some of them on Friday morning. Photo: EPA

Chinese cities Qingdao, Suzhou reinstate homebuying curbs a day after scrapping them, leaving market in limbo

  • Restrictions on home purchases in some major second-tier cities were back in place just 24 hours after they were lifted
  • ‘The U-turns were unexpected, and suggest policy changes on housing should still be in line with the tone from the central government,’ says analyst

Qingdao scrapped all purchase restrictions on second-hand homes on Thursday, then reinstated some of them on Friday morning. Photo: EPA
Qingdao scrapped all purchase restrictions on second-hand homes on Thursday, then reinstated some of them on Friday morning. Photo: EPA
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