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 bar graph illustrates the fluctuations in the average cost of houses in five major cities for the time period of 1990 and 2002. In fact, the figures are given against the percentage variations of 1989. As a whole, real estate expenditure of most metropolises dwindled during 1990-1995,

whereas

, the digits surged over the subsequent years. Most importantly, the domicile cost of New York and London denoted drastic changes over the two spans. Commencing from a downfall at negative 5%, the prices of the New York housing sector soared up to 5% compared to the digits of 1989.

On the other hand

, London showcased massive growth in the arena of real estate, as the cost increased from a diminution of 7% to 12% over a time span of 12 years.

Although

Tokyo demonstrated a slight increase of 2% approximately, it experienced a negative trend throughout the years.

Moreover

, the expenses of the housing market in Madrid faintly climbed by 2% during the period. Contrarily, the dwelling expenses of Frankfurt diminished marginally from 3% to an insignificant amount for the entire duration

in contrast

to 1980.