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 comparison where relevant.

The bar charts illustrate the percentage variation in house prices in New York, Tokyo,

London

, Madrid, and

Frankfurt

between 1990 and 2002, and compare them with the average home costs in 1989.

Overall

, it is evident that except for

Frankfurt

, the difference in house values in all given cities significantly increased in 2002.

London

had the highest variation over the period;

whereas

, the average price for buying a home in

Frankfurt

decreased in 2002. From 1990 to 1995,

London

and Tokyo had the lowest average accommodation prices at around below -5%.

However

,

London

jumped massively to over 10% between 1996-2002, the highest percentage shift in the average house costs,

while

Tokyo had a slight rise to around -5% in 2002. New York started the period at -5% and rose substantially to approximately 5% in 2002.

Additionally

, Madrid had the second biggest

change

in 1990 at around over a 0%

change

and increased to slightly below 5%.

Frankfurt

began with approximately a 3%

change

in 1990, the biggest number in any other country;

however

,

this

declined to slightly above a 0%

change

.