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 chart illustrates data about the proportion of the average fees of home ownership in New
York
, Madrid
, Tokyo, Frankfurt
, and London over the period of 13 years, from 1990 to 2002 in comparison to 1989.
From the statistics, it can be inferred that New York
is responsible for the highest level of cost compared to other countries. Also
, Frankfurt
and Madrid
's residents paid the lowest fee during these years.
From 1990 to 1995, the cost of houses went down by around 7% in the first 5 years in Tokyo and London. Also
, dwellers in New York
paid 5% lower than in 1989. By contrast
, prices increased approximately 2% in Frankfurt
and Madrid
.
between 1996 to 2002, individuals in London experienced a significant rise in house pay around 12% compared to the year 1989. while
the cost of accommodation in New York
jumped by 5%, Tokyo declined by exactly this
number. In addition
, prices in Frankfurt
remained cheaper but in Madrid
rose by a further
2%.Submitted by Poseidous on
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