Hohhot ends curbs on home purchases

More cities may follow suit as govt considers market-based approach

Hohhot, the capital of the Inner Mongolia autonomous region, has ended all restrictions on home purchases, the first city in China to take such a sweeping step.

There will be no further limits on how many homes each resident may own, and those who don't have official residence (hukou) in the city may also buy apartments, according to a statement posted on the local housing authority's website. Those currently seeking homes are also covered by the policy change, the statement said.