Housing market was declining in 2008. The sales of houses were low，and developers didn’t desire to invest more. House’s price went down since august. The decline of the housing market began at the fourth quarter of 2007，and the reasons of the decline included of policy，economic periodicity，housing market adjusted by itself and finance crisis’s influence. Some anticipates for 2009 are as follows：affordable houses investment and vacancy of houses will both increase；house’s price will stop falling at the end of 2009 with the macro-economics warmer.