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 comparisons where relevant.

The chart depicts fluctuation in the cost of houses in five different areas from 1990 to 2002, comparing it to the prices in 1989.

Overall

, the chart reveals that cities

such

as New York, Madrid, and London experienced remarkable alterations in accommodation prices in recent years.

In contrast

, Tokyo did not show a significant percentage change. Looking at the first era in detail, it is observed that from 1990 to 1995, New York house costs ranged from 0 to negative 5%,

while

Madrid's saw a slight increase from 0% to approximately 1%. As for Tokyo, London, and Frankfurt, the statistics were below minus 5% and around 3%, respectively. At first glance, on the other timetable, 1996-2002, it is vividly observable that Tokyo's statistical changes from 1989 to 1996-2002 were from 0 to minus 5%. Meanwhile, London's accommodation expenses surged to more than 10%. New York and Madrid grew by 5% and nearly 5% respectively,

while

Frankfurt exhibited a slight drop, approximately 1%.