Overall, China recorded the highest and most consistent growth in property prices, with a sharp surge in 2010. In contrast, Algeria showed a declining trend after an initial rise in 2007, while Argentina experienced fluctuations, including a significant dip in 2009.
In 2007, Argentina registered the fastest growth at approximately 6%, followed by Algeria at about 4%, whereas China had the lowest figure at just 2%. By 2008, however, China’s property price growth increased markedly to nearly 5%. During the same year, Algeria’s rate remained stable at slightly above 4%, and Argentina also rose moderately to around 3%.
The upward momentum in China continued into 2009, with growth exceeding 5%. Algeria, on the other hand, declined to roughly 3%, while Argentina fell sharply to below 1.5%, marking its lowest point of the period. Finally, in 2010, China peaked at around 6%, the highest figure across all countries and years. Algeria’s growth slipped further, whereas Argentina showed a mild recovery to just over 2%.