This thesis analyzes the development stares of real estate finance in our westem region, It points out that there are many phenomena in real estate finance in our westem region at the present such as the unique finance channel, the low quality of credit asset and the potential risk in the broken fund chain of developer, The real estate market is partiaLly hot. This paper also analyzes the influence of state policy on real estate finance devlopment in the western. Finally, the thesis provides the courtenmeasures and suggestions about how to consummate the real estate finance system of the western.