The bar chart compares the proportion of changes in average real estate values in Algeria, China, and Argentina from 2007 to 2010.
It is clear that China saw a remarkable increase in property values and reached the top position by 2010. While Argentina witnessed some fluctuations over a period of three years, there is a downward trend in the figure for Algeria.
In 2007, Algeria accounted for the highest growth percentage with over 6%, doubling that of Argentina and three times higher than that of China. Over the following three years, however, Algeria’s figures fell by approximately 3%, whereas China saw a property price rise by a similar amount. By 2010, China had become the market leader with the average growth in property value reaching over 6%.
Between 2007 and 2008, Argentina’s figures 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 final year. During the same period, Algeria’s property value experienced a constant decrease, with a figure standing at around 3% in 2010.