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.
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The bar graph illustrates data about the variation in the
prices
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of houses in various areas from 1990 to 2000 and
also
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compared these with the rate in 1989.
Overall
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evident from the chart that
such
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as New York, Madrid and London, the rent had faced dramatic
change
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in the
last
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few years.
In contrast
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, Tokyo did not show any huge
change
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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
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,
while
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, for Madrid, the average house
prices
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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
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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
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from 1989
prices
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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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