THE CHART BELOW SHOWS INFIRMATION ABOUT CHANGES IN AVERAGE HOUSE PRICES IN FIVE DIFFERENT CITIES BETWEEN 1990 AND 2002 COMPARED WITH THE AVERAGE PRICES IN 1989
The provided table shows
the
information about the average house price fluctuation from 1990 to 2002 compared to the year 1989 in five different cities.
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Overall
, what stands out from the gathered data is that New York and London's property market experienced dramatic growth, while
other countries had fewer increasing trends.
In the United States city of New York house prices noticeably decreased, having 5% changes during the first 5 calendar years compared to the 1989 market figures. However
, it continued with a significant rise, levelling up to 5% in the 1996 to 2002 period. The UK statistics stood at a negative 7% level between 1990 and 1995, whereas
, it climbed tremendously to a positive 13%.
On the other hand
, Madrid and Frankfurt slightly grew during the first time, accounting for 2% and 3% respectively. On the contrary
, while
Spain residents' house costs extended to 4%, Germans reduced to 1%. Tokyo was only the city with a falling slope throughout the years, having the former at 7% and the latter at 5% inSubmitted by gainutdin87 on
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