Abstract: Real estate industry is the pillar industry of national economic development, but also a typical capital-intensive industry, large amount of investment, long recovery cycle, high dependence on capital, with a high risk factor. For a long time, China's real estate financial system is not perfect, financing market information asymmetry, risk management mechanism is not perfect, financing innovation awareness is weak, financial institutions and real estate enterprises in high risk and high debt operating mode, once the real estate bubble burst, the entire economic system will cause great harm, and even a financial crisis. In order to effectively prevent and control real estate financing risk, the state should build a complete real estate financial system, financial regulatory departments should establish a real estate financial market risk adjustment mechanism, all parties should work together to build a real estate intangible credit supervision system, financial institutions should do a good job in real estate market risk assessment, strengthen internal control, real estate enterprises should change the concept of financing, the establishment of joint enterprise mechanism, which can better spread and control the risk.