Like many other cities in China, the readjustment of real estate market in Shenzhen has increased with a stronger wait and see atmosphere under the influence of continuous control policies. In primary market, the residential market reacted to the fall in price and transaction volume; the price of the office building market was rising while the volume decreasing; the commercial building market showed an increase of price and volume. In the secondary market, the residential and the office building market was booming; the commercial building market showed a high back. In the rental market, the rent of the residential and the office building market was increasing steadily; while the rent of the commercial building market decreased at first and then recovered. There was a downturn of the transaction in the land market with the total turnover decreasing sharply, reserve price appearing frequently and half commercial land meeting with the failure bids. In land supply, the land resupply by arrangement started, which has completed certain goals as the plan. According to the estimates of typical models, the new housing market price bubble decreased slightly, but still high.Looking into 2012, the real estate market of Shenzhen will still face with kinds of pressure, and the continuous adjustment will be a greater probability. Looking towards the future, with the emphasis on quality development, and the acceleration of economic transition in Shenzhen, as well as the land resupply by arrangement, which will energetically guarantee the sound development for real estate. <<