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In 2002/2003 private sector builders started 140,000 homes and completed 125,000 in England.
In the months running up to the ballot, Rees hosted three round tables with groups from the sector: builders, charities, housing associations, developers and housing campaigners.
Housing Minister Margaret Burgess said the number of new homes started by private sector builders in the year to June 2012 was the highest recorded since the banking crisis began in 2008.
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The introduction of large foreign retailers like Wal-Mart into the country is eagerly awaited by many industrialists, particularly in the real estate sector, where builders and developers hope to benefit from an increased demand for retail spaces.
Among the winners in the sector were builders D.R. Horton, which rose 3.1%, and Hovnanian Enterprises, up 3%.
Meanwhile, as the real estate sector and builders continue to crumble, the gurus jettisoned a couple of building materials suppliers, as well as a retailer that's lost its focus, and folded on a pair of gambling plays.
He suggested that building projects of this nature could go some way to supplying the 250,000 houses that need to be built every year to meet the current housing shortfall, rather than selling land to private sector house builders who did nothing with the land.
PRIVATE SECTOR CAREER: Builder and rancher.
Aside from energy, which sectors did well? A. They are a subset of the construction sector, but home builders were the biggest winners in the second quarter.
Chief among those is a serious shortage of skills in the construction sector, which means builders are having to turn down projects because they don't have the staff to deliver them.
"The suspension of commercial property fund redemptions by a number of big players has precipitated a broader sell off in the UK property sector including house builders and other asset managers.
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