The real estate industry is the national economy's most important backbone industries, is a substantial investment, recycling, slow, return the rich, risk-taking extremely complex system engineering. Since the reform and opening up, with China's housing system reform and the real estate market develops, China's real estate finance is subsequently gained greater development. Especially since 1998, financial support for real estate industry, by past simple enterprise development loan support to transform for investment and consumption of all-round support two fields, to improve the people's living conditions, driving the development of real estate industry and related industry, promoting the economic growth of the continuous, stable and made an important contribution. With the development of economy, the real estate industry of China's national economy has become an important part in the economic system of basic, being industry belongs to. Real estate industry has the investment scale, long life cycle and the value of the characteristics of big, so real estate development and sales activities are in the financial departments under the support of the real estate industry, real estate finance is developing irreplaceable important support and guarantee factors. Preventing financial risks in the real estate, is not only the real estate and the stability and development of real estate finance industry need, to the entire financial industry and national economic stability and development is also important. To prevent the risk of real estate finance, should according to the need of economic development of domestic and international economic situation, adapt to the changing and uncertainty of macroeconomics background, most areas of real estate development situation will be subject to macro credit control, development construction force will decrease. Overall, as the housing guarantee system of the further implement, 2011 China real estate will gradually in the product, to value regression. Key word: real estate finance risk studies