The bar chart provides the data about alterations in average cost of houses in five different metropolises in many advanced countries between 1990 and 2002 compared with this one in 1989.
Overall, while the proportion of average house prices in 1990-1995 compared with that one in 1989 has a downward trend, especially the cities in USA, Japan, Uk, the percentage of average cost of flats in all countries 1996-2002 has an upward trend, except for Tokyo.
According to the bar chart, the propotion of the prices of homes in Tokyo and London had a significant decreasing, which recorded at around -8%, By contrast, Madrid’s and Frankfurt’s percentages had a moderate growth by 2%, 3% during 1990-1995, respectively.
Turning into the second period from 1996-2002, the percentage of New York and London drastically surged compared to its in 1990-1995, ranging from -5%, -8% to 5%, 12% in turn. Despite of proportion change in average cost of houses in 4 diffirent cities tended to rise, there was a considerable drop of roughly -5% in Tokyo.