A comparison of percentage change in standard house prices in several developed cities between 1990 and 2002 compared with 1989, a 12-year period is illustrated in the line chart. Overall, there were some changes in every category. In any case, while the percentage of house prices in Tokyo dominated, London was the highest figure for the prices whole question period.
There was a significant change in three Europe's cities. In 1990-1995, the average house prices in Madrid about 1% after compared with 1989. What is more, this proportion increased dramatically fourfold over 6 years later. In contrast, while the figure for prices in Frankfurt reached 2 percent, it fell down to 1 percent after 6-year period. Furthermore, 7% average prices for houses occurred in London in first five years. The following years, its proportion rose markedly almost twice at one in ten.
A more detailed look at the chart reveals that moderate changes reported in other cities. The standard prices for accommodation in the USA remained stable along 12 years compared with 1989 at 5%. Interestingly, while the proportion for house prices in Tokyo from 1990 to 1995 witnessed as same as figure for London at the same time, it decreased sharply to 5 percent.
