Thank you.
What I want to do, also on the housing front, is to speak about that report that Mr. Poilievre, Mr. McLean and others have referenced. The Canadian Real Estate Association report actually says that the actual, not seasonally adjusted, national average sales price posted a 17.7% year over year gain in December, which to me is very consistent with the kinds of figures we've been talking about here and not consistent with some of the high figures that have been cited by some of the members as they've been talking. I think it's important. Even on the CREA report, which is looking at asset price increases—as we've just clarified—it's actually 17.7% year over year. That's what [Technical difficulty—Editor].
I'll come back to you to clarify. You've spoken about this a few times, but I think it would be helpful to summarize this for us because one of the important aspects of the discussion we're having is about housing. Could you just speak to what the primary causes are right now, this year, for the increase in the price of housing?