Under the guidance of maco-control policies, the whole real estate market of Heilongjiang province operated smoothly and showed a good momentum of development in 2012. This report reviews and analyzes the real estate investment, development and saling in Heilongjiang province in the year of 2012, the whole province and five important cities from 2008 to 2011, summarizes the features of real estate market investment, development and market in 2012, and evaluates the healthy status of market's operation from the four aspects of scale, speed, structure and price. And then analyzes the effects of macro-control policies' implementation. Finally, real estate development trend is forecasted in 2013 and some recommendations on real estate development are proposed. <<