2002年以来,作为我国经济命脉的房地产行业出现了爆发式的发展,房价迅速飙升。从2010年到2013年,虽然中央政府先后颁布了“新国十条”、“新国八条”、“新国五条”等一系列政策来抑制房价的过快上升。通过事件研究法对沪、深两市房地产行业的股价变动进行考察,分别分析“新国十条”、“新国八条”、“新国五条”三个政策颁布对我国房地产市场的影响。 Since 2002, there has been an explosive development in the real estate industry, which is the lifeblood of our economy, and prices have soared rapidly. From 2010 to 2013, although the Central Government has promulgated a series of policies such as “New Ten State,” “New State Eight,” and “New State Five,” so as to curb the excessive rise in house prices. Through the event research method, this article examines the stock price changes of the real estate industry in Shanghai and Shenzhen, analyzes the changes of the share price of the real estate industry in China, including “Ten New Country”, “New State Eight” and “New Country Five” Market impact.