The presented graph compares the differences in average prices of five various cities including: New York, Madrid, Tokyo, Frankfurt and London during a specific period of time (1989-1990-1996-2002). The vertical axis measured percentage change,
whereas
the horizontal axis showed the cities over time.
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Overall
, the period from 1996 to 2002 had the most significant increase, Linking Words
while
the period between 1990-1995 experienced a rapid decline in house prices.
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According to
the given diagram, it can be observed that the average house price in New York was at the level of -5%. The figure witnessed a sharp growth to a level of +5% during 1996-2002.Linking Words
In addition
, London has risen from -7% to approximately 11%.
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In contrast
, the situation was dramatically disparate with Frankfurt. By taking a closer look at the data, it can be seen that sine 1990 to 1995 the average was a small fraction almost 3%. From Linking Words
then
on, the figure had dropped to 1%.Linking Words
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