Housing market in 2012 fell in the first half of year,and stabilized in the second half of year.The growth rate of housing construction reduced,and the floor space of housing started was lower than that of last year.The growth rate of residential investment fell to a historically low level.The floor space of housing sold kept a modest increase rate of 2.0%.The growth rate of residential land price increased quarter on quarter.Second-hand housing price and new constructed housing price respectively stopped decreasing from April and June,while the price of new constructed housing rose faster.We estimate that housing demand in 2013 would keep a modest increase,the growth rate of real estate investment would remain low,and the housing price would be steadily increasing. <<