Shenzhen’s real estate market began to thrive both the price and volume after a period of downturn in 2014 and had a boom at the end of the year. Real estate development and investment have climbed to a new height. As to the residential market，the price raised steadily while the volume decreased from a high point. The volume increased sharply with partly real estate policy deregulation in the fourth quarter. As to office building，the vacancy rate increased markedly，and the average price fluctuated within a narrow range，while the rent shocked significantly. As to commercial building，the vacancy rate was still in the same level as before. The average price declined obviously，the rent fell slightly. The overall annual land supply rebound phenomenon occurs again，only one case of residential land，while the supply and demand of commercial land has a sharp growth，and land price of different types differed from each other.

Looking ahead to 2015，Shenzhen’s economic growth is slowing down，but prospects will still bright，real estate support will play a vital role in economic growth. Under the new phenomenon，the effects of the different kind of real estate police will overlay，the housing market rebound phenomenon will be further revealed. Construction of the subway and peripheral channels can effectively promote regional economic development in the suburban，Similarly，the former sea Shekou FTA and North Station CBD become the focus of Shenzhen. Rural collective land will be allowed to be used by private market，and the market will be widened to the field of housing and pension.