Band 6+: The chart below shows information about changes in average house prices in five different cities between 1990 and 2002 compared with the average house prices in 1989. Write a report for a university lecturer describing the information shown below. Make comparisons where relevant.

The given chart demonstrates the proportion in average accommodation in five typical cities throughout a twelve-year period, starting from 1990, which in comparison with the average house prices in 1989.

In general, Madrid and Frankfurt were the only two cities to experience a slight increase from 1990 to 1995, while houses became much more expensive in the second time frame (1996-2002), except Tokyo, with the most significant change seen in the figure for London.

During the first period, the house price in Frankfurt rose slightly to 3%, followed by Madrid with machinery climbed about 2%. Following a reversed trend, the percentage of Tokyo and London showed an identical decline, with approximately 8%, and New York dropped about 5%.

From 1996 to 2002, it is noticeable that London recorded the highest figure for roughly 11%. Similarly, the figure for New York and Madrid climbed about 5% and 3%, respectively, while Frankfurt showed a negligible rise of 1%. In contrast, Tokyo was the only city to experience a dramatic fall, with exactly 5%.