In 2016，the government devoted to decreasing real estate inventory，which accelerated the growth of Guangzhou housing market. For the stability of real estate market，Guangzhou continued to restrain housing purchasing，and tightened the policy of provident fund loans in the fourth quarter. Furthermore，the government carried out a series of inspection and renovation，which faced to the real estate development companies and agency companies. Asthe government has emphasized that the house is for living，not for speculating，and additionally，after years with loose monetary policy，it may be tightened up in the future. Therefore，Guangzhou real estate market is expected to be steady and to be very likely not as hot as it in 2016.