In 2013，China’s macroeconomic has begun a slow recovery and gradually stabilized after experiencing a brief downturn. To curb the spread of the economic bubble，the continuation of a prudent monetary policy and the regulation of the real estate industry，have made some progress，but the real estate price in a second-tier cities has not been significantly inhibited. In 2014，GDP growth will be slightly down，and the supply of funds to revitalize the stock are mainly based. Under this background，the reform will be further deepened in the real estate industry，land supply will be increased，and a pattern that “the government is responsible for affordable housing，the market managed to improve housing” will be initially formed. Overall，the real estate industry has given way to systematic opportunities for structural opportunities. The increase of housing prices in a second-tier cities will be reduced，and housing prices in some other cities will decrease.