Nanjing, capital of East China's Jiangsu Province, issued new restrictions on the number of homes residents can buy to rein in the overheating housing market in the city, media reports said Sunday.
The new restrictions, set to go in effect on Monday, will prohibit registered residents who already own two homes from buying any new homes and non-registered residents who already own one from buying any new or secondhand apartments, cailianpress.com reported.
