Cities issue new housing policies

Local governments are issuing new property curbs as soaring housing markets put their 2013 price-rise targets ever further beyond reach.

Following earlier tightening moves by first-tier cities such as Beijing, Shanghai, Guangzhou and Shenzhen, 11 second-tier cities had announced curbs as of Thursday.

Zhengzhou in Henan province issued tightening regulations in early September. The remaining 10 cities - Wuhan, Shenyang, Nanchang, Xiamen, Nanjing, Hangzhou, Changsha, Fuzhou, Taiyuan and Xi'an - announced new policies from Nov 22-28.