Home prices in Shanghai rose more than 20 per cent in the 12 months to October, but buyers are still flocking to projects. Photo: Reuters

Price controls eased at high end for major cities in China

Lifting of price caps on home pre-sale licences in Beijing and Shanghai will boost developers, but some see little impact for broader market

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Home prices in Shanghai rose more than 20 per cent in the 12 months to October, but buyers are still flocking to projects. Photo: Reuters
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