In the 20 years of the rapid development of China's real estate industry, the central and local governments have adopted a number of control measures to stabilize housing prices, and introduced both economic and administrative measures to establish a multi-level housing security system. However, due to the imbalance and complexity of real estate regional development, local government policies play a vital role in the regulation of regional real estate. At present, most of the discussions in the academic field are qualitative research in the macro field of real estate policy, and the specific effects of regionalization policies are lacking. Therefore, this article attempts to analyze the impact of the “registration price limit” administrative supervision measures implemented by the Suzhou Municipal Government in 2016 on the regional real estate market and social welfare from the perspective of social welfare. <<