Since 1998, the welfare housing system has been stopped and the commercialization of housing supply has been carried out fully, Chinese real estate market recovered again. Under the situation of rapid development in recent years, the real estate prices in all locations raised dramatically which gradually becomes the common concern and hot issue to government, housing developers and even the citizens. As land price is the important part of housing price, the relationship between land price and housing price becomes important issue to people. Taking the real estate industry in Jiaxing city as the research object, we conduct the research on housing price growth proceeding from the relationship between land price and housing price. The paper consists of five parts. The first part elaborates the study’s background and significance. The second part is to analyze a representative building’s land price and housing price in Jiaxing city. The third part is the analysis of the relationship between housing price and land price by using the economics principle. In the forth part, we collect the data of housing price index and land price index in Jiaxing city during 2002 to 2008, then analyze the data with Eviews software. The conclusion of study on relationship between housing and land price is conducted in the fifth part.
