采用门限ARCH模型研究了我国住宅价格涨跌幅、波动的非对称性与住宅空置量之间的动态关系,实证结论表明:我国住宅空置量与住宅价格涨跌和住宅价格波动呈负相关关系;住宅价格波动具有非对称性,低住宅空置时住宅价格波动大于高空置时的住宅价格波动;同时住宅价格波动具波动聚集性;政府及时披露住宅空置信息和合理调控住宅空置水平,有利于住宅市场的稳定发展。 The threshold ARCH model is used to study the dynamic relationship between price fluctuation, asymmetric fluctuation and residential vacancy in China. Empirical results show that there is a negative correlation between residential vacancy and housing price fluctuations and residential price fluctuations. The fluctuation of housing price is asymmetric. The fluctuation of housing price is more than that of residential housing when vacant. The fluctuation of housing price fluctuates and the concentration of vacancy information is disclosed timely and the vacancy level of housing is properly regulated, which is in favor of housing market The steady development.