據報道，10月份，全國70個大中城市新建商品住房銷售價格同比上漲6.4%，漲幅比上月提高0.1個百分點；高檔住房銷售價格同比上漲7.7%，漲幅比上月提高0.7個百分點。北京在各大城市房價排行中，以10.7%的漲幅名列首位。受抑制外商投資政策的影響，近期的房地產交易中，外資份額減少。

China's real estate prices maintained their robust growth last month. China's real estate prices maintained their robust growth last month, but the number of transactions involving foreign institutional investors declined due to restrictions on overseas investment.  Property prices in China's 70 large- and medium-sized cities rose 5.4 per cent in October, 0.1 percentage points higher than August's rise, the National Development and Reform Commission (NDRC) said in a statement yesterday. The sales prices of high-end and ordinary residential buildings saw year-on-year rises of 7.7 per cent and 6.4 per cent, up 0.7 and 0.1 percentage points compared to last month. Beijing witnessed the biggest price rise, with year-on-year growth of 10.7 per cent, while Shanghai saw its prices drop 0.6 per cent compared to the same period last year. Influenced by a government rule restricting foreign investment in the real estate sector, the number of transactions involving foreign institutional investors declined recently, according to a report by US-based consulting firm CB Richard Ellis (CBRE). "Some overseas investors are expected to remain on the sidelines and wait for a clear direction to emerge against the backdrop of present policy uncertainties," said Ray Huang, a researcher with CBRE's Investment Properties Department. The new policy has slowed the entry of speculative capital to China's real estate market, but benefited overseas investors adopting a long-term approach towards investment. Meanwhile, demand for luxury residential apartments remains strong both in Beijing and Shanghai. (China Daily)

Vocabulary:

overseas investment: 海外投資 high-end: 高端（產品），文中指“高檔住房” year-on-year rises: 同比增長 on the sidelines: 觀望 （英語點津陳蓓編輯）