Percentage Change In Average House Prices In Five Cities

Sample report

The chart shows how property prices changed in five cities between 1990 and 2002 compared to prices in 1989. Overall, it can be seen that there was a drastic drop in home prices during the period between 1990 and 1995 in all cities except Madrid and Frankfurt. While prices fell by 5% in New York, the drop was even sharper in Tokyo and London where they fell by 8% each. Madrid and Frankfurt registered a marginal increase of 2% and 3% respectively. While prices increased in all cities during the period from 1996 to 2002, in Tokyo, they were still below the average prices in 1989. During this period London, registered the highest growth in prices (12%). In New York and Madrid, prices went up by 5% and 4% respectively. In Tokyo, compared to the period between 1990 and 1995, prices were up by 3% but they were still down by 5% compared to prices in 1989. Frankfurt was the only city in the year 2002 to experience a fall in residential prices. 

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