The line graph compares average house prices in three countries over the period of 18 years, from 1997 to 2014. Overall, all three countries experienced a significant increase in average house prices, with Country A showing the highest prices almost every year. Notably, the average house prices in Country B and C showed nearly the same pattern during the whole period. It is worth to mention that, despite remarkable growth in average house prices in all three countries, all of them underwent a slight decline at some point over the period.
An average price for a house in Country A was the highest in the first and final year of the period. Starting at around 150k in 1997, the average house prices in Country A increased dramatically just over 500k in 2003 before a sudden drop to just below 500k after three years. Since then, there was a steady growth in the prices of houses in Country A until the end of the time period, reaching approximately 600k, which was the prices on the graph.
As for Country B and C, they exhibited nearly similar trends in average house prices, with Country B showing higher numbers. The average price for a house in both countries was at around 125k in 1997, a figure that then continuously rose reaching 350k in Country B and just below 250k in Country C. Similar to Country A, despite increasing remarkably, there was a slight decline in the average house prices in Country B and C in 2008. During the final years of the period, both Country B and C underwent some fluctuation in average house prices, at around 500k and just over 250k, respectively.