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 bar chart represents the fluctuating

house

prices

in five cities from 1990 and 1995 compared with the

prices

from 1996 to 2002.

First,

there were two opposite trends in the

house

prices

in the four big cities. In 1990, Tokyo and London's

house

prices

changed the most as they went down by 6% from the normal price. New York houses'

also

declined by 5%.

However

, Madrid and Frankfurt had an increase because Madrid's

prices

had a rise of 2%,

while

Frankfurt had risen by 3%. From 1996 to 2002, the average of

house

prices

were increasing. London’s

prices

sharply went up to 12%, followed by New York’s with a rise of 5%, and Madrid’s 4%. Meanwhile, Frankfurt’s

prices

had declined by 1% compared to a decade before.

However

, in Tokyo, it was still below average with a percentage of 5%.

To sum up

,

house

prices

tended to decline before encountering a significant increase in

house

prices

from 1996 to 2002.