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 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 detail regarding the modification in the
prices
of
houses
in two spans in five different cities between 1990 to 1995 and 1996 to 2002 as compared to
prices
of 1989.The data is calibrated in percentage.
Overall
,
prices
of
houses
fell in New York,Tokyo and London from 1990 to 1995
whereas
the
rates
reduced in
Tokoyo
only from 1996 to 2002 whilst to 1989. At a fleeting glance,the rate of
houses
in Madrid and Frankfurt elevated slightly by approximately 2% to 3% between 1990 to 1995.Surprisingly,the
prices
decreased in New York,
Tokoyo
and London by almost 5% to 8% in the same time period whilst to the
rates
of
houses
in 1989. Probing ahead,from 1996 to 2002 the percentile in all cities had elevated .In London, the
rates
had escalated to around 13%
in contrast
to other cities.Interestingly,in
Tokoyo
the
prices
did not go up which was 5%.
Furthermore
,in New York and ,Madrid the
rates
surged by 5% and 4% respectively.The rate of
houses
was accelerated in Frankfurt which was 3% whilst
to
Change preposition
in
show examples
Tokoyo
.

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Vocabulary: Replace the words prices, houses, rates, tokoyo with synonyms.
Topic Vocabulary:
  • fluctuation
  • suburb
  • metropolitan
  • trend
  • appreciation
  • depreciation
  • residential market
  • housing bubble
  • real estate
  • economic factors
  • urbanization
  • infrastructure development
  • property value
  • inflation-adjusted
  • comparative analysis
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