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 fluctuations in the cost of houses in various areas from 1990 to 2000 and contrasts them with the trends in 1989.

Overall

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, it is evident from the chart that cities

such

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as New York, Madrid, and London experienced remarkable changes in house

prices

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in the

last

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years.

In contrast

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, Tokyo did not show any significant percentage change. Looking at the first time period in detail, it is observed that from 1990 to 1995, the

prices

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in New York ranged from 0 to a negative 5% change,

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 statistics were below 5%, around 3%, and higher than 10%, respectively. The second time period, 1996-2002, delineates that in London, the

prices

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of houses surged to more than 10%, and in New York and Madrid, they grew by 5% and close to 5%, respectively. In Frankfurt, there was a slight enhancement in the amount, approximately 1%. At first glance, it is inferred that for Tokyo, the statistical change from 1989

prices

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to 1996-2002 was between 0% and minus 5%.