Thank you, Mr. Chair.
Good morning, gentlemen. Thank you for your attendance and for your presentations, which were very interesting.
My first question is for both Mr. Charles and Mr. Levings.
Owing to increasing prices, it appears that first-time homebuyers have less access to residential property. In light of that trend, would you say that your activity sector's role is decreasing or increasing? How does this impact your business?
Mr. Charles, you can answer the question first, if that's okay with you.