Figure 3 illustrates that London's housing market are more robust in contrast to other cities of England, because the transanction volume curve of London is less steeper when ECB rose interest rate at the end of COVID-19.
Most of its change of cash stems from acquisition.
Land cost consists only 10% of sales value, Land cost has a larger propotion in some other coutries.
Revenue and cost paced steadily in 2022.
But 2022 revenue is still below pre-pandemic level.