This topic combines Baoji’s economic and social development goals and macroeconomic overview，comprehensively analyses Baoji’s real estate operation，real estate market operation and guaranteed housing construction，and studies Baoji’s real estate cycle fluctuation based on the principal component analysis method. It considers that the regional gross domestic product，residents’ consumption level and sales area of commercial housing are the factors influencing Baoji’s real estate cycle fluctuation. Important factors. On this basis，by analyzing the problems existing in the real estate industry in Baoji City，the corresponding solutions are put forward，and finally the development of the real estate industry in Baoji City is prospected.