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.
