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, compared to the average prices in 1989.

Overall

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, what stands out from the bar is that cities

such

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as New York, Madrid, and London have experienced a remarkable alternation in accommodation expenses in recent years.

In contrast

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, 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's housing prices ranged from 0 to minus 5%,

while

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Madrid saw a slight increase from 0 to approximately 1%. As for Tokyo, London, and Frankfurt, the statistics were below minus 5% and nearly 3%, respectively. The other timetable, from 1996-2002, demonstrates that house expenses surged to more than 10% in London, and in New York and Madrid, they rocketed to 5% and just about 5%, respectively. In Frankfurt, there was a slight drop, approximately 1%. It is vividly observable that Tokyo's statistical variations from 1989 to 1996-2002 were from 0 to minus 5%.