• The chart below shows information about changes in average house prices

in five different cities between 1990 and 2002 compared with the average
house prices in 1989.
• The bar graph illustrates the mean variation in the price of a
house in five various cities when compared with that in 1989
in a period of 12 years from year 1990.
• Overall, it is clearly shown that majority of these five cities had their house
prices lower from 1990 to 1995 than that in the year 1989 whereas all
cities showed an upward trend in the average house prices between year
1996 and 2002 except Frankfurt.
• First and foremost, the house prices in Tokyo were lower than that in year 1989
throughout the given period. However, there was a rise in the house prices from
1996 to 2002 than from 1990 to 1995 (-5% and approximately -7% respectively)
which was comparatively lower than that in 1989. Furthermore, every city had its
house prices rising over the period except Frankfurt in Germany which showed a
slight drop of about 1%.
• Interestingly, London was the city that had the largest variation in house
prices among the five cities from 1990 to 2002 in comparison with that in
1989 (around 19% in total). There was a bigger fluctuation in house prices
in New York than in Madrid in Spain (10% and nearly 5% correspondingly).