The housing market in 2015 experienced a de-stocking process. The growth rate of housing under-construction was negative for the first time，and the amount of housing started continued to decrease with double-digit negative growth rate. The growth rate of residential investment fell sharply and arrived to a record low since 1998. The floor space of housingsold was higher than that of last year and the amount is the second highest in the history. Housing price demonstrated stable with a slight increase from June in 2015，with an obvious regional division. The land price still rose quarter on quarter，and the growth rate was larger in the third quarter. We estimate that the amount of housing sold in 2016 would be similar to that in 2015，the growth rate of residential investment would keep a low level，and the housing price would be stable.