Chinese government has strengthened the regulation policies aiming at the main conflicts in real estate market in 2007. However，the shortage in land supply of real estate resulted in more sorts of demands，which made the price of real estate increased rapidly. There are some factors that influence real estate market：rising prices，inflation expectation and relative devaluation of currency，tight monetary policies，excess liquidity and the flow of foreign capital to Chinese real estate market. The factors will not change fundamentally in 2008，which will continue to stipulate the real estate market keep developing，but the housing shortage will relieve slightly and the housing expectation of low income families will be more possible.