In the year of 2012,the overall urban land price level in national monitoring cities rose slightly,meanwhile the year-on-year growth rate of land price continued to decline,which illustrated that land price growth rate dropped significantly.The ratio of national average land price to housing price decreased slightly.However,there existed a great disparity among the key cities in view of the ratio of residential land price to housing price.The growth rate of investment scale in real estate kept on dropping,therefore,the residential land supply decreased obviously,but land supply for affordable housing had grown.In 2012,in that macroeconomic climate and with the announcement of insisting on the real estate regulations,the downlink-pattern of land price has nearly formed.In the year of 2013,the emphasis should be put on stable real estate market regulation policies,the expectation of fiscal and taxation system reforms,and those macroeconomic trends which will become important factors affecting the change of land prices. <<