中国房地产投资增速达到两年最快，今年头两个月，商品房销售面积增速加快，但整体销售额增速回落。
Real estate investment in China rose at the quickest clip in two years and growth in floor space sold sped up in the first two months of 2017, even as growth in total sales value decelerated.
根据国家统计局的数据，今年头两个月，房地产开发投资同比名义增长8.9%，比去年全年提高2个百分点，为2015年同期以来最高增速。
Investment in real estate development for the January-February period rose 8.9 per cent compared to a year earlier, according to data from the National Bureau of Statistics. That’s a jump of 2 percentage points from December’s level and the highest growth reading since the same period in 2015.
这表明，国内投资者再次渴望将资金投入房地产市场。这与英国《金融时报》旗下投资参考(FTCR)中国房地产指数(China Real Estate Index)的最新数据相符，该指数在2月飙升，尽管中国政府采取措施打击投机活动，但市场在春节假期后出现反弹。
That suggests domestic investors are once again eager to pump funds into property markets. The move tracks with the latest reading from the FTCR China Real Estate Index, which surged in February as the market bounced back from the lunar new year holiday and despite Beijing’s efforts to clamp down on speculative activity.
今年头两个月，商品房销售面积14054万平方米，同比增长25.1%，增速比去年全年高出2.6个百分点。
Sales growth for new housing in the first two months of 2017 came to 140.5m square meters, a year-on-year rise of 25.1 per cent and up 2.6 percentage points from the pace seen in the 12 months ended December.
然而，商品房销售额10806亿元人民币(合1562亿美元)，增长26.0%，增速较去年全年回落8.8个百分点。
In value terms, however, sales totalled just over Rmb1.08tn ($156.2bn), reflecting growth of 26 per cent for the period and an 8.8 percentage-point deceleration from the 12-months ended December.
与去年同期相比，商品房销售面积增速和销售额增速均大幅下降，其中销售额增速下降17.6个百分点。这表明，中国70个大中城市的平均房价可能会下跌，该数据将于本月晚些时候公布。
Both growth rates were down substantially compared to the same period in 2016, with value slower by 17.6 percentage points. That suggests price averages from 70 major cities, due out later this month, are likely to come in on the softer side.
然而，今年头两个月，商品房销售面积增速仅较去年同期下降3.1个百分点，投资者可能会将此刻视为一个以相对低价抄底的机会。
But with growth in sales volume slowing only 2.1 percentage points lower over that period, investors may view the present moment as a chance to scoop up property on the (relative) cheap.