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Band 6+: The charts below show the trends in house prices in London, Dubai, and Hong Kong between 2008 and 2015. Summarise the information by selecting and reporting the main features, and make comparisons where relevant.

Image for topic: The charts below show the trends in house prices in London, Dubai, and Hong Kong between 2008 and 2015. Summarise the information by selecting and reporting the main features, and make comparisons where relevant.
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The image displays three sections of data-focused graphs regarding housing market metrics over given years: Section A illustrates London average house prices, beginning at £450,000 in 2008, decreasing to roughly £375,000 in 2009, stabilizing near £375,000 in 2010, climbing to approximately £500,000 in 2011, reaching about £600,000 in 2012, hitting nearly £650,000 in 2013, rising close to £720,000 in 2014, and peaking at approximately £875,000 in 2015; Section B depicts Dubai house price change percentage, indicating around -50% in 2008, approximately -35% in 2009, close to -6% in 2010, about 0% in 2011, near 4% in 2012, roughly 5% in 2013, around 8% in 2014, and approximately 8% in 2015; Section C illustrates Hong Kong house price change percentage showing about 0% in 2008, approximately -7% in 2009, roughly 11% in 2010, near 6% in 2011, close to 5% in 2012, about 2% in 2013, near 10% in 2014, and approximately 5% in 2015.
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The images display three sections regarding the change in house price markets in London, Dubai and Hong Kong. Overall, house prices in London experienced a steadily upward trend despite a decline at the beginning of the period. By contrast, Dubai and Hong Kong saw considerable fluctuations. Both of them faced a sharp decrease in the house prices at the beginning. In the following years, the change in house prices remained mostly stable in Dubai while it was fluctuated in Hong Kong.

In London, the average house prices pointed out approximately £600k in 2008 before falling to around £510k in 2009. It recovered to £510k in 2010 then remained stable during 2011. From this point, house prices had steadily increasing trend reaching about £600k in 2013. Most significant growth occurred between 2013 and 2015, the prices climbed to approximately £880k.

In Dubai, the change in house prices recorded volatile trend over the period. It sharply increased by around 40% in 2008 followed by a drastic fall of 42% in 2009. After that point, market experienced modest growth rate between 3% and 6% until 2015. Prices declined again by around 2% in 2015.

Hong Kong also experienced fluctuations in house prices over the period. The jump occurred in 2008 by 10% while almost 1% increase in prices in 2009. The growth trend occurred the range between 2% and 8% until 2014. After that, prices diminished by 1% and then rose up 5% in 2015.

Word Count: 242

Answers On The Same Topic:

The charts below show the trends in house prices in London, Dubai, and Hong Kong between 2008 and 2015. Summarise the information by selecting and reporting the main features, and make comparisons where relevant.

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