The chart below shows information about changes in average house prices in five different cities between 1990 and 2002 comparedwith the average house prices in 1989. Summarise the information by selectingandreporting the main features, and make comparisons where relevant.

The given chart illustrates data about the

percentage

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changes in average

house

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prices

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in 5 capital cities, New York, Madrid, Tokyo, Frankfurt, and

London

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between 1990 and 2002 compared with the average

house

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costs in 1989.

Overall

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, all the cities expressed significant growth in the

prices

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of houses in 1990 and 2002 except Frankfurt. The most noticeable change was seen in

London

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. In the period 1990 and 1995 Frankfurt was the most expensive city if you wanted to buy a

house

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there with a

percentage

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of 4% followed by Madrid

then

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New York Tokyo and

London

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with a

percentage

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of 2.5% -5% -7% -7% respectively. Highlighting that

,

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Tokyo’s and

London

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’s houses had the same value. In 1990-2002 most of the average amounts have increased substantially.

Although

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London

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recorded the most valuable houses with a

percentage

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of approximately 12% , Tokyo climbed slowly recording -5%. New York’s

house

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prices

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rose by 5%.

Whereas

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Madrid’s

house

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values grew slowly, Frankfurt’s

house

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prices

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decreased moderately recording 1%.