The bar chart compares three different nations, namely Algeria, China and Argentina, in terms of changes in real estate values from 2007 to 2010.
Overall, the prices of property in China experienced an enormous growth over the period shown. While Algeria showed a steady decline in its figures, the opposite trend can be seen when we look at Argentinas property prices.
As can be seen from the chart, in 2007 Algeria accounted for the highest growth percentage with over 6%, doubling that of Argentina and three times higher than that of China. However, during the following years, this country witnessed a decrease in its growth rate, down to 4.5% in 2008 and only 3% in 2010. By contrast, over the period from 2007 to 2010, China experienced a constant rise in its property prices, with the figure reaching the highest point of about 7% in 2010.
In comparison, between 2007 and 2008, Argentinas figure climbed quickly and reached a peak of nearly 5% before dropping suddenly to slightly over 1% in the next year and ending at approximately 2.3% in the last year.