The line graph illustrates the average house prices in three different nations over a 17-year period from 1997 to 2014.
Overall, it is clear that all nations experienced a clear upward trend throughout the period. In addition, Country A was the highest figure in the first year, whereas Country B overtook Country A in the half decade. However, Country A maintained its dominance in by the end of the period.
In 1997, Country A stood at about $175,000, followed by Country B at under $175,000. Notably, the former surged to over $500,000 in 2004 before dipping to just under $500,000 in 2007. However, between 2008 and 2014, this figure peaked at almost $750,000, remaining the higher than other countries. In contrast, the latter climbed to approximately $250,000 in 2000, overtaking Country A, by around $50,000. Despite this growth, this figure declined to exactly $250,000 in 2008 before rising sharply to nearly $500,000 in 2009. After this growth, it fluctuated between 2010 and 2014, finishing at under $500,000.
Meanwhile, Country C experienced a steady upward trend, from roughly $125,000 in 1997 to $250,000 in 2007 before oscillating between 2007 and 2009. Despite this fluctuation, this figure went up steadily to a peak of over $250,000 in the final year.
