The provided bar charr depicts comparison between datas about alteration in average house price in five different countries between the timescale of 1990-2002. Overall it is clearly evident that both london and new york showed a considerable changes throughout the period.
To begin with, the average of prices in 1990-1995 has significant differences compared to 1996-2002. According to the chart the average price in tokyo and london was about -7 percent compared to 1989, however this trend did not continued for london and changed it with a dramatic growth and accounted just over 10 percent in 1996-2002. Followed this year tokyo decreased and stood at exactly %-5. Another striking feature in this chart is new york which was exactly -5 in 1990-1995, nevertheless it changed sharply and finished the period at 5 percent also indicated that the prices has increased compared with prices in 1989.
Moreover, madrid had stayed under 5 percent over the period but as it went in 1996 got closer to +5.
Votes