The bar chart below shows the percentage growth in average property prices in three different countries between 2007 and 2010.
The provided bar chart offers insights into the fluctuation in mean housing
prices
across Algeria, China, and Argentina from 2007 to 2010. Throughout this
period, the trajectory of property prices
in these countries exhibited diverse patterns, with China experiencing an upward trend, Algeria witnessing a decline, and Argentina displaying a fluctuating pattern.
Analyzing the specifics, it becomes apparent that Algeria initially
had the highest rate of increase. However
, this
growth tapered off, leading to a significant reduction in average housing prices
, declining from slightly above 6% to around 3%. In stark contrast, China, despite having the lowest average prices
in 2007, underwent a substantial surge over the years, with the growth rate tripling from 2% to 6% by the end of the period.
Meanwhile, Argentina observed oscillations in the average housing prices
. Following a 2% increase in 2008, the growth rate sharply declined to slightly above 1% before rebounding to approximately 2.25% in 2010.Submitted by tnindrasetiawan on
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