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The bar chart illustrates that the average house price in two different periods (199-1995 and 1996-2006) were compared with that in 1989 and the proportion changes in five different countries differed.
It is quite clear that the average house prices in both Madrid(Spain) and Frankfurt(Germany) increased slightly by about 2% and 3% respectively, While the price in other three countries saw an oppesite trend. Besides, the corresponding figures for Tokyo(Japan) and London ( UK) were equal to approximately 7%.
Conversely, during the next period, the figure decreased by 5% only in Tokyo. While the price in rest countries were much higher than that the conterparts in 1989. Furthermore, the rise was perticular noticeable in London, growwing uo by around 12%.
Overall, the amount of variation in London was the largest than that of rest four cities. It was 20%, which was nearly twice as high as the figure in New York. In contrast, the average house prices in Frankfurt remained stable over the whole period.
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