11月中國房價下跌加速

House prices in China continue to fall as investors shift focus from the property market into equities.

11月中國房地產價格繼續下跌，因投資者把更多注意力從房地產市場轉向股市。

China's National Bureau of Statistics said its property prices index for November showed that new home prices fell 3.7 per cent from a year ago, the third straight annual decline following readings of -2.6 per cent in October and -1.3 per cent in September.

中國國家統計局(NBS)週四表示，最新房地產價格指數顯示，11月新房價格同比下跌3.7%，爲連續第三個月同比下跌，10月和9月分別同比下跌2.6%和1.3%。

On the a monthly basis prices fell by an average 0.5 per cent.

11月房價環比平均下跌0.5%。

Annual prices had been rising as much as 9.6 per cent at the start of this year but they've cooled since then as the economy slows and many mid-sized Chinese cities suffer from a glut of apartments.

中國房價在今年初曾以9.6%的同比增速快速上漲，但此後隨着經濟放緩以及很多中等規模城市遭遇房產供應過剩，房價一直在下跌。

China's property companies have been escalating promotional efforts and cutting prices in a bid to maintain sales volumes.

中國房地產公司一直在加大促銷力度和降價，以保持銷量。

Meanwhile, in recent months mainland investors have been rapidly owning equity trading accounts and putting money into the stock market. The Shanghai Composite has become the region's best performing index, rising nearly 45 per cent year to date.

與此同時，最近幾個月，中國內地投資者一直在迅速開設股票交易賬戶並將資金投入股市。上證綜指已成爲亞洲今年表現最佳的股指，今年迄今已累計上漲近45%。