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 depicts 5 different zones and their change in average house prices between 1990 and 2002 compared to 1989.

Overall

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, between 1990 and 1995 the figures were less important than in 1989, three of the five cities had a lower average price. In the next seven years,

this

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varied, and the cost of homes increased significantly in comparison to 1989. In the first half of the '90s, cities

as

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such as

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New York, Tokyo and London suffered a decrease in home valuations, between 5 and 7% as shown in 1989.

Nevertheless

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, other cities

such

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as Madrid or Frankfurt made their real estate value grow in a not very big way, in fact, they grew between 2 and 3%. In the second half of the 90s something different happened, the value of residences,

instead

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of going down, rose noticeably in every single city except in Tokyo, the rise reached 12% in London, 5% in New York, 4% in Madrid and 2% in Frankfurt. In the Japanese city, the amount is 5% smaller than in 1989.