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.

The bar chart illustrates the percentage change in average

house

Use synonyms

prices

Use synonyms

in five cities—New York, Tokyo,

London

Use synonyms

,

Madrid

Use synonyms

, and Frankfurt—during two periods, 1990-1995 and 1996-2002, compared to the average

house

Use synonyms

prices

Use synonyms

in 1989. In the period from 1990 to 1995, most cities experienced a drop in

house

Use synonyms

prices

Use synonyms

compared to 1989. Tokyo and

London

Use synonyms

saw the largest decreases, with

house

Use synonyms

prices

Use synonyms

plummeting by around 7-10%. New York’s

prices

Use synonyms

also

Linking Words

dipped by about 5%.

In contrast

Linking Words

, both

Madrid

Use synonyms

and Frankfurt showed a slight increase, with Frankfurt having the smallest rise of about 2%, and

Madrid

Use synonyms

's

prices

Use synonyms

growing by nearly 1%. In the 1996-2002 period,

house

Use synonyms

prices

Use synonyms

increased in most cities.

London

Use synonyms

saw a dramatic surge with

prices

Use synonyms

rising by nearly 12%. New York and

Madrid

Use synonyms

also

Linking Words

experienced modest increases of approximately 5% and 4%, respectively. Frankfurt remained relatively stable,

while

Linking Words

Tokyo was the only city to continue showing a downward trend with a

further

Linking Words

5% decrease in

prices

Use synonyms

. In summary,

house

Use synonyms

prices

Use synonyms

generally recovered after 1996, with

London

Use synonyms

experiencing the most significant growth.