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(ECNS) -- More than 40 cities across China had lifted home buying restrictions by the end of the fourth quarter in 2014, the Ministry of Land and Resources said on Thursday.
These restrictions were designed to cool the real estate market during the past.
The ministry added that the real estate sector saw strong signs of recovery following new policies related to housing loans.
Among the cities under monitoring, the average price for land reached 3522 yuan ($569) per square meter, the first time it in creased in 2014.
Haikou home-buying curbs eased
2014-07-24Fewer residents plan on buying home, survey finds
2014-06-13Home buying sentiment hits 20-week high
2014-04-01Weak sentiment pulls new home buying to 48-week low
2014-01-21Home-buying restrictions are unlikely to ease
2013-12-25Home prices continue to rise in major cities on buying demand
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