The secretary of state highlighted comments by SteveMorgan of Redrow that Welsh government regulations would add thousands to the cost of a home in Wales.
"Given the strong pipeline of new sites and the modest improvement in market conditions, I am cautiously optimistic that Redrow's strong recovery is set to continue, " chairman SteveMorgan said.
Even bankers were smiling, including chief marketing officer Arun Sinha of Zurich and chairman and CEO Jamie Dimon (above right, with Steve Forbes) of JP Morgan Chase.
The men's crew of Paul Carpenter, Phil Davies, Steve Randall, Rolland Robinson and cox Morgan Baynham Williams set the tone on Saturday while Elle Blackwood also notched up an impressive victory over the 800-metre Wj15 singles course.