The bar chart represents the comparison of the average house prices in five different cities between 1990 and 2002 versus 1989.
Overall, it is readily apparent that throughout 1990-1995 the average price on the house in most cities declined. Comparatively, during 1996-2002 all cities except for Tokyo, showed an upward trend.
During the first period, in New York, Tokyo, and London prices dropped. However, Tokyo along with London represented the biggest percentage of fall, approximately at 7%, while prices in London plunged only on 5%. In comparison, Madrid and Frankfurt were in a slight growth, representing a mere 3% both.
By contrast, throughout the next seven years, prices become unstable, with only Tokyo which was in decline exactly on 5%. The remained cities showed a relative increase, with London being the highest at above 10%. New York and Madrid have grown almost similarly, both under 5%, with Frankfurt which has the smallest increase on about 2% during this timeline.