In recent years，the rapid development of real estate has brought huge economic benefits to urban development. However，with the development of the real estate industry，housing prices kept rising all the way，the consumption attributes of housing was overemphasized and the basic living attributes of housing was neglected gradually. These will inevitably lead to a series of serious economic and social problems. Based on the analysis on the influence of housing price fluctuation on urban economic development，urban livelihood improvement，labor mobility and urban industrial layout，urban science and technology innovation and urban public evaluation，this paper concludes that the rapid rise of housing prices can only bring cities short-term economic benefits but not sustainable prosperity and development，and we must maintain the basic stability of housing prices，adhere to the basic living attributes of housing in order to promote the city's all-round and sustainable development. Based on the investigation of actual situation of urban development in Jilin Province，this paper proposed four measures to stabilize the housing price of Jilin Province，which include strengthening land supply management and allocating land resources rationally；changing the incentive mechanism to promote all-round development of the city；emphasizing the living attributes of housing to curb speculative behavior；improving the housing security system and vigorously developing housing- leasing market.