The given bar chart sheds light on how many houses were traded with the price of more than 5 million US dollars in 8 cities, namely Dubai, Singapore, Sydney, Los Angeles, Miami, Hong Kong, New York and London from 2009 to 2014.
Overall, we can see that London was the city that had the most houses sold for more than 5 million US $, while the opposite was true for the figure in Dubai throughout the period. In general, the number of houses traded for more than 5 million US $ in all regions increased after 5 years, except for the figure for Singapore.
Looking at the details specifically, 523 houses were sold for more than 5 million US $ in London in 2009, after which it rocketed to 1638 houses in 2014. A similar change, but to a lesser extent, can be seen in the figure for New York, Hong Kong, Miami, Los Angeles and Sydney, from 476, 388, 256, 179, 151 houses in 2009 to 796, 596, 312, 214, 258 houses respectively after 5 years.
In Dubai, the number of houses sold for more than 5 million US $ in 2014 was 46 houses, which approximately three- fold higher than the figure in 2009. By contrast, there was an decrease in the figure of Singapore over the period, from 107 to 74 houses.
