The bar chart compares the average prices of housings in five different cities (New York, Madrid, Tokyo, Frankfurt and Landon) in 1990-1995 and in 1996-2002 with the average prices in 1989. Overall it can be seen a significant drop in most of the cities in the first period of time, the next time frame experienced a reversal of this trend in most of the locations.
In 1990-1995, the average housing prices of three countries, namely New York, Tokyo and London, were found as 5% to 7. 5% lower than in 1989. On the contrary, the costs of houses in Madrid and Frankfurt were slightly higher, by approximately 2% to 2. 5% respectively.
Turning to 1996-2002, the prices looked very different. Madrid and Frankfurt kept higher as compare to 1989 but while in Madrid they were now 4% higher and in Frankfurt they were only 2% above 1989 level. Tokyo was the only city which showed the negative territory, prices were still low than in 1989, standing at -5%.
The most noticeable changes were occurred in New York and London with the former seeing the average price 5% above 1989 level, the exact opposite of the previous time frame. In London, the sharpest rise, 12%higher, can be found from 1989 level. The bar chart compares the average prices of housings in five different cities (New York, Madrid, Tokyo, Frankfurt and Landon) in 1990-1995 and in 1996-2002 with the average prices in 1989. Overall it can be seen a significant drop in most of the cities in the first period of time, the next time frame experienced a reversal of this trend in most of the locations.
In 1990-1995, the average housing prices of three countries, namely New York, Tokyo and London, were found as 5% to 7. 5% lower than in 1989. On the contrary, the costs of houses in Madrid and Frankfurt were slightly higher, by approximately 2% to 2. 5% respectively.
Turning to 1996-2002, the prices looked very different. Madrid and Frankfurt kept higher as compare to 1989 but while in Madrid they were now 4% higher and in Frankfurt they were only 2% above 1989 level. Tokyo was the only city which showed the negative territory, prices were still low than in 1989, standing at -5%.
The most noticeable changes were occurred in New York and London with the former seeing the average price 5% above 1989 level, the exact opposite of the previous time frame. In London, the sharpest rise, 12%higher, can be found from 1989 level.
The bar chart
compares
the
average
prices
of housings in five
different
cities
(New
York, Madrid, Tokyo, Frankfurt and Landon) in 1990-1995 and in 1996-2002 with the
average
prices
in 1989.
Overall
it can be
seen
a significant drop in most of the
cities
in the
first
period of
time
, the
next
time
frame
experienced a reversal of this trend in most of the locations.
In 1990-1995, the
average
housing
prices
of three countries,
namely
New
York, Tokyo and London, were
found
as 5% to 7. 5% lower than in 1989.
On the contrary
, the costs of
houses
in Madrid and Frankfurt were
slightly
higher, by approximately 2% to 2. 5%
respectively
.
Turning to 1996-2002, the
prices
looked
very
different
. Madrid and Frankfurt
kept
higher
as
compare
to 1989
but
while in Madrid they were
now
4% higher and in Frankfurt they were
only
2%
above
1989
level
. Tokyo was the
only
city which
showed
the
negative
territory,
prices
were
still
low
than in 1989, standing at -5%.
The most noticeable
changes
were occurred
in
New
York and London with the former seeing the
average
price
5%
above
1989
level
, the exact opposite of the previous
time
frame
. In London, the sharpest rise, 12%higher, can be
found
from 1989
level
. The bar chart
compares
the
average
prices
of housings in five
different
cities
(New
York, Madrid, Tokyo, Frankfurt and Landon) in 1990-1995 and in 1996-2002 with the
average
prices
in 1989.
Overall
it can be
seen
a significant drop in most of the
cities
in the
first
period of
time
, the
next
time
frame
experienced a reversal of this trend in most of the locations.
In 1990-1995, the
average
housing
prices
of three countries,
namely
New
York, Tokyo and London, were
found
as 5% to 7. 5% lower than in 1989.
On the contrary
, the costs of
houses
in Madrid and Frankfurt were
slightly
higher, by approximately 2% to 2. 5%
respectively
.
Turning to 1996-2002, the
prices
looked
very
different
. Madrid and Frankfurt
kept
higher
as
compare
to 1989
but
while in Madrid they were
now
4% higher and in Frankfurt they were
only
2%
above
1989
level
. Tokyo was the
only
city which
showed
the
negative
territory,
prices
were
still
low
than in 1989, standing at -5%.
The most noticeable
changes
were occurred
in
New
York and London with the former seeing the
average
price
5%
above
1989
level
, the exact opposite of the previous
time
frame
. In London, the sharpest rise, 12%higher, can be
found
from 1989
level
.