The bar chart illustrates the percentage change in average house amount in five cities — New York,
Tokyo
, Use synonyms
London
, Madrid, and Frankfurt — during two time periods (1990–1995 and 1996–2002), compared to the baseline year 1989.
Use synonyms
Overall
, house bills mostly declined in the first period, Linking Words
whereas
a noticeable increase was recorded in the second one. Notably, Linking Words
London
experienced the most significant growth, Use synonyms
while
Linking Words
Tokyo
saw the greatest decline.
Use synonyms
To begin
with, during the years 1990 to 1995, house fees fell in four out of five cities. Specifically, Linking Words
London
and Use synonyms
Tokyo
witnessed substantial decreases, dropping by around 8% and 7%, respectively. Meanwhile, costs in New York and Madrid Use synonyms
also
declined slightly. Linking Words
In contrast
, Frankfurt was the only city that experienced a minor increase, rising by approximately 2%.
In the following period, from 1996 to 2002, the trend reversed. Linking Words
London
recorded a sharp rise, reaching nearly 13% above 1989 levels. Use synonyms
Moreover
, New York and Madrid showed moderate increases. Linking Words
In addition
, Frankfurt maintained a stable and slightly positive trajectory. Linking Words
However
, Linking Words
Tokyo
, despite a small improvement, remained about 5% below the reference point. Use synonyms
Therefore
, it is evident that the housing markets recovered in most cities, except for Linking Words
Tokyo
.Use synonyms
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