The line graph illustrates the price of houses in three different countries (Country A, Country B, and Country C) from 1978 to 2014, measured in US dollars.
Overall, Country A’s prices peaked at the end of the study period, while Countries B and C experienced a similar upward trend throughout the entire duration.
In 1978, housing prices ranged from $0 to $100,000, showing a slight increase to $200,000 in 1979. After experiencing some fluctuations, the price of homes reached approximately $420,000 by 1993. From 1993 to 2002, the cost of homes steadily rose, and after further fluctuations, the prices peaked at $800,000 by the end of the study period.
Additionally, the housing prices in Country B initially mirrored those of Country A, but after some fluctuations, they steadily increased, reaching $400,000 by 2002. Meanwhile, the prices in Country C fluctuated throughout the period, ultimately reaching nearly $500,000 by 2014.