The bar chart illustrates the distribution of houses sold across eight cities, each costs 5 million US dollars or more between 2009 and 2014.
Overall, there was an increase in the number of homes sold for $5 million in all the cities, with the exception of Singapore. While London experienced a considerable growth in housing, the opposite can be said of Dubai which is the lowest figure on the chart. Moreover, cities such as Sydney, Los Angeles and Miami showed similar patterns.
In terms of the cities where the figure was more pronounced, London was top of the list with a staggering 1100 rise, from 500 to 1600, in its number of homes which worth $5 million or more. Next came New York, with a figure almost doubling from 420 to 800 in the six-year period. Occupying the third spot, Hongkong had almost the same number of houses sold for 5 million dollars or more as New York (400) in 2009, a figure that then rose to exactly 600 in 2014.
By contrast, the remaining cities exhibited a lower figures. There was a rise in Miami, and this was followed by Los Angeles and Sydney, accounting for approximately 180 each in 2009. A mere 10 increase was observed in the figure of the former, while the figure for the latter was higher.
Finally, Singapore was the only city that witnessed a drop ( from around 100 to 80), and the Dubai illustrated the lowest figure on the entire dataset growing slightly from a mere 10 to 20.