In 2017，under the guidance of “the house was used to live，not used for speculation”，Guangzhou actively deepened the real estate market regulation policies，the market operation was basically stable，the transaction area of the new commercial house decreased，the market of the houses in stock remained active. Looking forward to 2018，Guangzhou’s real estate market regulation policies will maintain continuity and stability，and financial risk prevention and control will be further strengthened. The real estate market is expected to maintain steady and healthy development in 2018. It is expected that the new commercial housing market will have sufficient supply and the transaction volume will remain basically stable. Affected by the active market and digested large demand in the previous period，the transaction volume of the houses in stock may be reduced.