Housing market in 2011 experienced a downward trend of development. The growth rate of housing under construction and housing start reduced. Housing investment keeps a high growth rate while the growth rate shows a small fall. Housing demand keeps a lower growth rate of 3.9%. The growth of residential land price declines quarter by quarter. The number of cities with stable or declining housing price gradually increases. We forecast that housing demand in 2012 would keep a lower growth rate, the growth rate of housing investment in 2012 would demonstrate a marked reduction, and the housing price in 2012 would keep steady while in the first half of year, it maybe demonstrate a slight decline. <<