Home purchase curbs being eased in more cities

Though home purchase restrictions are expected to be eased in more Chinese provinces, it will have a limited impact on propping up the sagging real estate sector, industry experts said on Wednesday.

Shenyang, the capital of Northeast China's Liaoning province, on Tuesday relaxed home purchase restrictions to boost property sales. This, according to experts, is part of the steps being taken by local governments to combat the property market correction and slower economic growth in China.

Li Ke, a manager of a real estate brokerage company in Shenyang, said the restrictions have been relaxed, but not abolished completely.