The bar chart illustrates the percentage change in average
house
Use synonyms
prices
in five major cities—New York, Use synonyms
Madrid
, Tokyo, Use synonyms
Frankfurt
, and London—between 1990 and 2002, compared to 1989 Use synonyms
prices
. Use synonyms
Overall
, Linking Words
house
Use synonyms
prices
in most cities fluctuated over the two periods (1990-1995 and 1996-2002), with a significant Use synonyms
decline
in the early years, followed by a recovery in later years.
Between 1990 and 1995, Use synonyms
house
Use synonyms
prices
decreased in three out of the five cities. The most significant Use synonyms
decline
was recorded in Tokyo and London, where Use synonyms
prices
dropped by approximately 7% and 5%, respectively. Use synonyms
Similarly
, New York experienced a slight Linking Words
decline
of around 5%. Use synonyms
In contrast
, Linking Words
Madrid
and Use synonyms
Frankfurt
saw moderate increases in Use synonyms
house
Use synonyms
prices
, with Use synonyms
Madrid
rising by about 2% and Use synonyms
Frankfurt
by nearly 1%.
Use synonyms
However
, between 1996 and 2002, the trend reversed for most cities, with housing Linking Words
prices
rising significantly. London experienced the highest increase, soaring by approximately 12%, Use synonyms
while
New York Linking Words
also
saw a recovery of around 5%. Linking Words
House
Use synonyms
prices
in Use synonyms
Madrid
continued to rise steadily, reaching around 4%, Use synonyms
whereas
Linking Words
Frankfurt
remained stable with little to no growth. Use synonyms
On the other hand
, Tokyo was the only city that continued to experience a Linking Words
decline
in Use synonyms
house
Use synonyms
prices
, falling by around 5%.Use synonyms
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