The given bar chart compares the number of houses sold for 5 million US dollars across 8 cities in 2009 and 2014. Overall, the figure for London led the chart for both years, which was contrary to that of Dubai. Additionally, while most countries witnessed increases regarding the number of homes sold at this price, Singapore saw the reverse trend of declining after 5 years.
Regarding the four lowest figures in the sales rank, Dubai registered the lowest position on the chart, selling 12 and 46 homes in 2009 and 2014, followed by more substantial data of 151 and 258 houses sold in Sydney. Although in 2009, the number of houses sold at the price of 5 million dollars and above in Sydney was fewer than that in Los Angeles, the sales in this city escalated less considerably, contributing to Los Angeles’s lower figure of houses sold in 2014 compared to Sydney. In contrast to the increasing trend that occurred in these three cities, the number of homes that charged more than 5 million dollars dropped from 107 to 74 houses after five years since 2009.
A closer look at the four remaining cities in the chart reveals that the house sales in Miami were 256 in 2009 and projected a slight increase to 312 throughout five years. Moreover, more significant data than that was reported in Hong Kong with 388 and 596 houses being sold, respectively, although still fewer than the sales in New York, which were 476 houses, accounted for nearly half of that in 2014, about 796. Lastly, leading the chart was London, where 523 homes were purchased in 2009, more than tripling to 1638 five years afterward.
