The bar 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 shows how house prices changed between 1990 and 2002 compared to 1989.

This

chart shows information on New York, Madrid, Tokyo, Frankfurt and London.

Overall

, we can observe that after 1989 , most cities had a decrease in prices or an increase lower than 2% until 1995,

nevertheless

, from 1996 to 2002 four out of five countries' house costs increased.

Firstly

, we will pay attention to the 5 first years. Madrid and Frankfurt were the only two countries which had an increase, more and less 2-3%. The three other areas were affected by a decrease in the average of house prices, New York with -5% and Tokyo and London with -8%.

Secondly

, from 1996 to 2002, Tokyo was the only city with a decrease of 5%. London had the biggest difference with respect to the numbers in 1989, an increment of 12 %. New York and Madrid had an increment of 5%.

Finally

, Frankfurt increased its costs by 2%.