Does the market supervision authority manage the property?

Legal analysis: the real estate administrative departments of local people's governments at or above the county level are responsible for the supervision and management of property management activities within their respective administrative areas.

Legal basis: Article 5 of the Regulations on Property Management. The State Council construction administrative department is responsible for the supervision and management of the national property management activities.

The real estate administrative departments of local people's governments at or above the county level shall be responsible for the supervision and management of property management activities within their respective administrative areas.