The bar chart compares the percentage change in average
house
Use synonyms
prices
in five major Use synonyms
cities
—New York, Tokyo, Use synonyms
London
, Madrid, and Frankfurt—during two periods (1990–1995 and 1996–2002), using 1989 as the base year.
Use synonyms
Overall
, Linking Words
house
Use synonyms
prices
declined in most Use synonyms
cities
during the first Use synonyms
period
, Use synonyms
while
the second Linking Words
period
saw a recovery, particularly in Use synonyms
London
, which experienced the most significant increase. Use synonyms
In contrast
, Tokyo had the sharpest decline.
In the early Linking Words
period
(1990–1995), Use synonyms
house
Use synonyms
prices
fell in four out of five Use synonyms
cities
. Use synonyms
London
and Tokyo witnessed the most considerable drops, at approximately -8% and -7%, respectively. New York and Madrid experienced smaller declines, Use synonyms
while
Frankfurt was the only city where Linking Words
prices
rose, albeit modestly, by around 2%.
During the second Use synonyms
period
(1996–2002), Use synonyms
house
Use synonyms
prices
rebounded in most Use synonyms
cities
. Use synonyms
London
saw a dramatic surge, with Use synonyms
prices
reaching nearly 13% above 1989 levels—the highest among all Use synonyms
cities
. New York and Madrid Use synonyms
also
recorded moderate increases of about 5% and 4%, respectively. Frankfurt maintained a relatively stable trend, and Tokyo’s Linking Words
prices
showed a slight recovery, though they remained roughly 5% below the 1989 benchmark.Use synonyms
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