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. Summarise the information by selecting and reporting the main features and make comparison where relevant.

The bar chart illustrates

price

Correct article usage

the price

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changes of houses in five different locations in the world from 1990 to 2002 and compares them to the average house

prices

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in 1989.

First,

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the

prices

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rose in all the countries excluding Frankfurt. At the beginning of the period, from 1990 to 1995, the housing

prices

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in New York and London were -5% and -7% respectively,

however

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, in the next six years they became positive, and accounted for 5% and 12% respectively.

Secondly

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, Madrid and Frankfurt were countries, where the price level was positive during the all period. Compared between 1990-1995 and 1996-2002, in Spain the housing

prices

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doubled,

however

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in Germany halved.

Finally

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, average price changes in Tokyo were negative from 1990 until 2002,

although

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from -7.5 in the first five years they increased to -5%, and they still remained the only negative figures among the locations shown in the chart.

Overall

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, compared with the average house

prices

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in 1989, during the twelve-year period from 1990 to 2002, in almost all the cities housing became more expensive, excluding Germany, where the

prices

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decreased, and only in Japan the percentage remained negative.