Summary | The minimum deposit was reduced from 60 percent to 40
percent.For first homes, only a 20-percent deposit is
required.The previous minimum was five years.In Beijing, more
than 8,300 new homes were sold in April, up 44.5 percent from
March.In Shanghai, home sales also came alive in April after a
weak first quarter.THE HEAT IS ON easing should lift sales in ...
en.ce.cn | 05 May 2015