The bar chart illustrates how many houses were commercialized for more than 5 million dollars in eight major cities worldwide from 2009 to 2014.
Overall, it is evident that there was an increase in house owners in the majority of metropolises, execpt for Singapore, with London witnessing the most dramatic surge in the number of homes sold throughout the period.
In 2009, London had the greatest quantity of sales, starting the period at 523, after which it experienced an outstanding growth to 1638 at the ending point, far surpassing other cities in 2014 to become the most favourable capital for dwelling. As for Hong Kong and New York, although their initial figures were lower, at 388 and 476 respectively, the upward trend continued in 2014 when the data for New York was 796, which was 200 higher than that of Hong Kong. An opposite pattern could be seen in the figure for Singapore, which underwent a decline from 107 to 74 over a 5-year period.
Regarding the remaining metropolises, Dubai witnessed a significant ascent in the number of exorbitant buildings purchased, fluctuating a range from the lowest point to precisely 46 after a half of decade. Similarly, Sydney, Los Angeles, and Miami revealed a substantial incline. The highest rise by 107 in the quantity of homes sold was recorded Sydney, while Los Angeles and Miami observed a slight rise, with the former trading 214 homes in 2014 compared to 178 in 2009, and the latter selling 312 in 2014 compared to 250 in 2009.