The assignment provided a detailed analysis of the London house market using regression analysis. The report explored the relationships between house prices and three independent variables: population, average income of borrowers, and average mortgage advance. The results showed strong positive correlations with R2 values of 0.981 and 0.9434 for the first two variables, indicating a significant impact on house prices. However, the gross domestic product (GDP) was found to be statistically insignificant. The report concluded that these factors are important in predicting future decisions and improving understanding of the market.