Companies who use items such as bricklaying tools and concrete finishing equipment have responded well to the recent slump in the economy.
This is the view of David Bexon, managing director of SmartNewHomes.com, who said the house building industry has largely been able to cope with prevailing market conditions during the recession.
As a result, he believes many companies have emerged from the downturn in a much stronger position.
However, Mr Bexon warned that the strong performance achieved by these firms in the last two years has not been matched by any decisive government action.
He has therefore urged policymakers to address what he described as a number of "pressing issues", such as the current state of the mortgage finance market.
Mr Bexon added that the existing planning system also needs to be updated, along with various "prohibitive" regulations.
He said these issues would need "urgent attention before the sector can feel truly confident".
Mr Bexon was speaking after Barratt Developments reported that the average selling prices of its new homes rose by four per cent during the second half of 2009.
This is the view of David Bexon, managing director of SmartNewHomes.com, who said the house building industry has largely been able to cope with prevailing market conditions during the recession.
As a result, he believes many companies have emerged from the downturn in a much stronger position.
However, Mr Bexon warned that the strong performance achieved by these firms in the last two years has not been matched by any decisive government action.
He has therefore urged policymakers to address what he described as a number of "pressing issues", such as the current state of the mortgage finance market.
Mr Bexon added that the existing planning system also needs to be updated, along with various "prohibitive" regulations.
He said these issues would need "urgent attention before the sector can feel truly confident".
Mr Bexon was speaking after Barratt Developments reported that the average selling prices of its new homes rose by four per cent during the second half of 2009.