A year ago, the new five regulation of housing policy came out. After one year, there has been a series of changes and issues such as the general rising housing prices and obvious contradiction between supply and demand on every layer of housing market.

However, Jinghui Hu, Vice-president of WeiYe I Love My Home Group, says that even though the regulation could not achieve its anticipative results, the development after the regulation implemented could give us many valuable reminders.

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Housing market has been experiencing the rapid development for more than a decade. There have been regulations and controls for many times during the period, and housing price has always been the main point of attentions.

On 2/20/2013, the State Council took five measures into effect. They are including measures of stabilizing housing prices, controlling investment of housing purchase, increasing the supply of common commercial residential building, accelerating the speed of establishing the housing project, and strengthen market supervision, etc. The goal of controlling yearly housing princes was pointed out specially.

After a year, everyone can see the change of housing price. In the first-tier cities, housing price has been increasing rapidly; housing price has been increasing steadily in the second-tier and some third-tier cities. At the same time, the price of the housing in some third-tier and especially fourth-tier cities has been fallen a little.

Hu analyzes that except some second-tier and third-tier cities such as Wenzhou, Haikou, and Liaocheng, the market price of housing has been generally increasing due to the drive of first-tier cities such as Beijing and Shanghai in the whole year of 2013. The increasing rate of housing price of first-tier cities is average 15%. Many media reports that the goal of controlling yearly housing price fails. The government has not yet given answers about this issue.