Beijing has ordered provincial governments to report progress on tightening measures for property prices and to provide a list of cities where limits on home purchases will be introduced, state media reported. The Ministry of Housing and Urban-Rural Development (MoHURD) has established five criteria to help local governments evaluate which cities should have home-purchasing restrictions, as it targets the real estate market in second- and third-tier cities. About 40 Chinese cities have already imposed limits on buying additional homes, and industry experts project that at least 30 more might be affected by MoHURD’s new policy. At the end of August, the government is expected to release a list of cities where limits will be imposed on additional home purchases. In June, property prices rose by 3.85% year-on-year on average in Beijing, Shanghai, Guangzhou and Shenzhen, while prices increased by 4.66% in 31 cities without restrictions.