南京全面取消住房限购

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　　In a notice released by the municipal government of Nanjing, the city will increase the supply of small and medium-sized apartments in the future.

　　Currently, sluggish² sales left housing inventories³ overstocked in Nanjing. Meng Xiangyuan, a real estate scholar with Nanjing Forestry⁴ University, estimated that 51,000 new homes had yet to be sold in the city.

　　One more Chinese city scraps⁵ housing purchase limit

　　The city placed housing purchase limits to restrict local residents to two homes amid a spate⁶ of other measures to cool off the then red hot property market in early 2011.

　　In order to revive the market and boost economy, more than 30 Chinese cities announced to lift or loosen the housing purchase limit this year. Only six others including first-tier cities like Beijing, Shanghai and Guangzhou still keep the policy.

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