The chart below shows information about changes in average house prices in five different cities between 1990 and 2002 compared with the average house price in 1989. Summarise the information by selecting and reporting the main features, and make comparisons where relevant.
The chart indicates the fluctuations in approximate household costs in five various cities between 1990 and 2002. The price was compared with the year 1989 housing expenses.
In the overview, New York and London showed totally opposite expenditures in the real estate market
while
Tokyo , Mandrid and Frankfurt shared similar trends with some ups and downs over both 6 years intervals in the given time period.
Looking at the graph, New York and London had a drastic downfall in the housing market. The former was down by a negative five per cent and the Latter was levelled off by a negative seven per cent in the first 6 years. However
, These both cities went through a huge spike in the next interval by 5% and 11% in USA and Uk.
Talking about Madrid and Frankfurt, they both had a rise in house pricing by 2% and 3% in the first 6 years. In the next interval, Spain was up by 2% whereas
Germany bottomed off to just 1% . Furthermore
, Japan had an overall
downfall in the entire time period. It was down by minus 7% in the first interval next was a little up and reached negative 5% in contrast
to the year 1989 figures .Submitted by mandsatbir1 on
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