New indicator, Australia: Housing sentiment

Pixelics Pixelics's picture

Sometimes it can be difficult getting a read on an asset class using public data. National house price indexes have an immense lag and auction clearance rates are highly volatile. So, we created a new one!

This new indicator presents sentiment data we scraped from public Twitter 'tweets' related to Australian housing and property, beginning in 2013. Essentially we took millions of rows of raw data, ran it through our in-house sentiment analysis python script, and outputted it as a neat, tidy monthly sentiment indicator.

You can view the up-to-date, interactive version here.