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The image depicts a line graph charting average house prices from 1997 to 2014, classified by Country A, Country B, and Country C. In 1997, Country A starts at around 175,000 dollars, gradually rising to approximately 200,000 dollars by 2001, peaking in 2007 at roughly 350,000 dollars, dipping to around 275,000 dollars by 2008, and recovering to about 300,000 dollars by 2014. Country B commences near 50,000 dollars in 1997, increasing progressively, touching 75,000 dollars by 2001, 100,000 dollars by 2005, slightly above 125,000 dollars by 2007, drops to around 100,000 dollars in 2008, steadying near 125,000 dollars by 2014. Country C's starting point is slightly under 150,000 dollars in 1997, increasing moderately to nearly 200,000 dollars by 2007, plunging to just above 125,000 dollars in 2008, and ending close to 140,000 dollars in 2014.
Given the complexity of the image, the above description may not be entirely accurate.
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We can see from the chart how the price of the houses have been change over the years caused for differences factors which have made prices higher for the last decade.
One thing that clearly stands out is, the stability that the real state market had in the 90s and the early 2000s. The countries handle almost the same costs between 250.000 and 500.000 thounsands of dollars with small differences making the real state bubble porfitable.
Howrever they have a interesting change by 2008, when there is a big droop in the prices, this was caused for the recession that affect a large part of economy world, the imagen show us the same situation in the three nations, but despite this the market managed to recover little y little and achieved a certain stability until 2014, but with higher prices, revealing the consequences of the crisis and the change due to global inflation.
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