Needs clarified...is this Home City with access to everything, or Home Instance, i.e. Hero's Hearth(no Bank) for Norn?
I'm thinking the latter...but its worded so as to be just a tiny bit confusing.
Home = Home Instance, the way I see it. Notice that you can go back from there using this item as well, so it's probably using the instance mechanic (where you can always immediatly leave and return to the point from which you entered), hence my assumption that it's likely Home Instance.