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 bar chart compares data on the changes in the prices of houses in two-span periods, 1990 – 1995 and 1996 – 2002 using reference to the values of 1989.

Overall

, the costs of the house went down in New York, Tokyo and London from 1990 to 1995.

On the other hand

, most cities witnessed an increase in real state figures between 1996 and 2002.

According to

the bar graph, the prices of homes in Madrid and Frankfurt rose by 2-3% during 1990 – 1995

while

the costs decreased in New York, Tokyo and London by 5% to 8%

in contrast

with the values of those houses in the same period in 1989. Interestingly, over the period 1996-2002, the costs were on the rise in all cities with the exception of Frankfurt. The increase in the price of homes represents 5% in New York, 4% in Madrid and more than 11% in London in comparison to their values in 1989. Frankfurt was the unique city where figures fell between 1996 and 2002

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the 5 previous years.