In 2019，Guangzhou continued to optimize the real estate regulation and control policies，the real estate market operation was basically stable. The transaction area of the new commercial house has increased，but the transaction volume of the houses in stock decreased. Looking forward to 2020，the real estate regulation policy will remain basically stable，but the current macroeconomic downward pressure is greater，the global spread of Covid-19 epidemic has a certain impact on the market，it is expected that the transactions of the market will be reduced. It is suggested to promote the steady and healthy development of Guangzhou real estate market from the aspects of fully supporting the resumption of work and production of real estate enterprises，strengthening the analysis and supervision of the market，further improving the housing security work，and accelerating the development of the rental housing market.