This bar chart illustrates the growth in average property prices expressed in percentage for China, Algeria, and Argentina for the years 2007 to 2010.
Overall, Algeria faced a dramatic drop between these two years, whereas China went through a massive increase, ending as the highest growth observed by the year 2010. A significant fluctuating decrease was observed in Argentina’s prices growth.
Between 2007 and 2009, Algeria experienced a dramatic decrease, moving from approximately 6.2 to around 3.1 percent, respectively. In contrast, Chinese average property prices, beginning as the lowest of the three nations, rose remarkably from 2.0 to about 4.2 percent in just one year, between 2007 and 2008. The increase remained consistent and significant until 2010, peaking at around 6.5 percent in prices growth.
Argentina went through an unsteady journey by starting at about 3.1 percent in 2007, to reach its peak in 2008, with a value approaching the 4.9 percent. By the year 2009, it dropped steeply at approximately 1.2 percent, followed by a noticeable increase at 2.5 percent in 2010.