The bar chart compares the cost of an average house in five
major cities over a period of 13 years from 1989.
We can see that house prices fell overall between 1990 and
1995, but most of the cities saw rising prices between 1996 and 2002. London
experienced by far the greatest changes in house prices over the 13-year
period.
Over the 5 years after 1989, the cost of average homes in
Tokyo and London dropped by around 7%, while New York house prices went down by
5%. By contrast, prices rose by approximately 2% in both Madrid and Frankfurt.
Between 1996 and 2002, London house prices jumped to around
12% above the 1989 average. Homebuyers in New York also had to pay
significantly more, with prices rising to 5% above the 1989 average, but homes
in Tokyo remained cheaper than they were in 1989. The cost of an average home
in Madrid rose by a further 2%, while prices in Frankfurt remained stable.
(165 words, written by Simon)
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ReplyDeleteThe bar chart compares average house prices in four different cities over a given period. Overall, it is clear that prices varied significantly between the cities, with some experiencing steady growth while others remained relatively stable. In particular, one city consistently recorded the highest property values, whereas another had the lowest throughout the period.
ReplyDeleteLooking more closely at the data, house prices in the most expensive city showed a gradual increase, indicating strong demand and economic growth. In contrast, the least expensive city saw only minor fluctuations, suggesting a more stable housing market. The remaining cities displayed moderate changes, with slight rises and falls over time. These trends highlight the differences in housing demand and economic conditions across the four cities.