The chart illustrates changes in real estate values in three different nations, namely Algeria, China and Argentina over a period of four years from 2007 to 2010.
Generally speaking, the percentage of prices in China increased tremendously, on the other hand, Algeria had a noticeable decline over the years. Interestingly, there was an oscillation in Argentina.
From the outset, the real estate costs in Algeria experienced a remarkable reduction in the first two years and saw a steady decrease in other years. In 2007, there was over 6. 0% growth then dropped to 3. 0%, which was a half over the period of time. On the contrary, from only 2% in 2007, there was a leap enormously in the year 2010 in China, which reached a peak to the highest prices in three countries.
Looking specifically at the property costs in Argentina, there was a period of volatility yearly between 2007 and 2010. The year 2007 and 2008 witnessed a significant growth in the real estate values from just over 3. 0% to nearly 5%, then hit the lowest point of more than 1% and increased gradually to nearly 2. 0%.
The chart illustrates
changes
in real estate values in three
different
nations,
namely
Algeria, China and Argentina
over
a period of four years from 2007 to 2010.
Generally
speaking, the percentage of prices in China increased
tremendously
,
on the other hand
, Algeria had a noticeable decline
over
the years.
Interestingly
, there was an oscillation in Argentina.
From the outset, the real estate costs in Algeria experienced a remarkable reduction in the
first
two years and
saw
a steady decrease in other years. In 2007, there was
over
6. 0% growth then dropped to 3. 0%, which was a half
over
the period of time.
On the contrary
, from
only
2% in 2007, there was a leap
enormously
in the
year
2010 in China, which reached a peak to the highest prices in three countries.
Looking
specifically
at the property costs in Argentina, there was a period of volatility yearly between 2007 and 2010. The
year
2007 and 2008 witnessed a significant growth in the real estate values from
just
over
3. 0% to
nearly
5%, then hit the lowest point of more than 1% and increased
gradually
to
nearly
2. 0%.