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 data about the variation in the
prices
of houses in various areas from 1990 to 2000 and
also
compared these with the rate in 1989.
Overall
evident from the chart that
such
as New York, Madrid and London, the rent had faced dramatic
change
in the
last
few years.
In contrast
, Tokyo did not show any huge
change
in percentage. Looking at the first time period in detail, it is noticed that in 1990-1995, in New York, the amount was lied in between 0 to negative 5%
change
,
while
, for Madrid, the average house
prices
increased from 0 to approximately 1%. As for Tokyo, Frankfurt and London, the statistic was below 5%, around about 3% and higher than 10 % respectively. The second time period which is 1996-2002 delineates that in London, the
prices
of houses rocketed to more than 10% and in New York and Madrid, these were grown to 5% and close to 5%. In Frankfurt, there was a slight improvement in the amount and which was approximately 1%. At first glance, it is observed that for Tokyo, the statical
change
from 1989
prices
to 1996-2002 was present between 0% to minus 5%.
Submitted by alizaryab7891011 on

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Vocabulary: Replace the words prices, change with synonyms.
Vocabulary: The word "amount" was used 2 times.
Vocabulary: The word "change" was used 4 times.
Vocabulary: The word "approximately" was used 2 times.
Vocabulary: The word "about" was used 2 times.
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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