In reference of series domestic statistics from 1999 to 2014, we focused on real estate tax, real estate investment and real estate prices as analysis variables. The author adopted vector autoregression VAR model, impulse response and variance decomposition methods, in order to do research works and seeking linkages between the real estate tax, real estate investment and real estate prices. The results showed that there exists short-term tendency showing that the real estate tax create positive effects for real estate investment and real estate prices. Although the inhibitory effects in long-t...