| In 1998, china stopped welfare housing,the full implementation of the monetary of housing reform,the implementation of easy credit policies. The implementation of this measure, a sharp release of pent-up demand for housing residents in long-term, rapid development of the real estate market up, stimulating the rapid growth of the national economy, which greatly improved the living conditions of residents. However, accompanying, there have been rapid rise in real estate prices, the supply structure is irrational, speculative prevalent phenomena such high prices, hindering the people’s urgent need to improve housing, contrary to the original intention of the central government reform.In this context, this paper studied the basic theory of estate, analyzes the structure and mechanism of the real estate price fluctuations, discusses the impact of policy, institutional, legal, demographic, economic and other factors on real estate prices, and China’s real estate macro-control proposals. |