In 2011, the Shanghai real estate has gone through a very stringent regulation. In the backdrop of the "structural adjustment, stabilize prices", the regulation of real estate continues to overweight, purchase restriction, loan restriction were implemented further; throughout 2011, Shanghai residential volume in 2010 compared to a significant decrease in turnover are prices rose only 1.4 percent, a significant control effect, the sluggish performance of the Shanghai land market, especially residential land, low premium, at the opening price is the biggest feature of the land market in 2011; part of the development in the second half of 2011, a substantial price reduction, the amount of change in price success; housing security and property taxes and other long-term policy has a substantial progress.
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