2017年CRI 8 Chinese cities step up housing tightening（在线收听）

8 big cities in China have rolled out further property tightening measures in the latest efforts to rein in housing price rises.

Those second-tier cities have tightened housing controls since Friday, with most banning home sales within 2 to 3 years after purchase.

On Monday morning, shares concerning real estate tumbled during early trading in the Chinese stock market, down between 4% and 5%.

For more on this, the Beijing Hour’s Shane Bigham spoke earlier with CRI financial analyst Einar Tangen.