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flag Shanghai and Shenzhen boost home sales with eased restrictions, but a long-term recovery is uncertain.

flag Shanghai saw a 7% increase in new home sales last week, following eased purchase restrictions and lower mortgage rates. flag However, economic concerns may limit the recovery. flag Shenzhen also loosened rules, allowing easier home buying for locals and those with social security or tax payments for a year. flag Despite these measures, a sustainable recovery in China's property market remains uncertain.

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