One might have thought news on Thursday of Britain's slowing house price growth was not good news for the likes of firms like Berkeley Group Holdings plc (LON:BKG) though it appeared to shrug it off as shares rose almost 3%.
The London-focused builder of high quality flats reports interim results on Friday and investors will certainly be keen to hear its take on the current housing outlook.
It comes after the sector was buoyed by Philip Hammond's Autumn Statement, in which he announced a £1.4bn injection to create more affordable homes.
The Chancellor also said he would increase investment in infrastructure projects generally, which all bodes well for the construction industry.
Deutsche Bank also recently said there was anecdotal evidence that overseas buyers were returning to the London market, which is good news for Berkeley.
The broker said the firm was unlikely to provide guidance however on the timing of higher-priced completions on Friday, judging the outlook may not be worthwhile.
“Instead, we believe investors should look at the cash due on forward sales as an indicator of customer demand and inferred in FY [fiscal] 2017 and guidance to FY 19."
As for those alleged returning overseas buyers, the 20% decline in the value of sterling since the EU referendum result has evidently been severe enough to banish a lot of fears over Brexit.
Peel Hunt is also upbeat, saying Berkeley remains one of its preferred housing plays due to the low rating.
"We expect to see the London fears subside over time, with investors becoming much more comfortable about capital returns and the medium-term prospects for the business," it said in a note.
"The positive factors of a big forward sales position and support from London Help to Buy will be offset by price pressure at the upper end and lower investor interest post the 3% tax rise," it noted.