The most important thing to heatmap, in Ireland’s property market at the moment, is changes in:
- Asking prices
- Stock of properties for sale
- Stock of properties for rent
- Flow of properties onto the sales market
- Flow of properties onto the lettings market
- Other (explain yourself below!)…
Thought you might be interested in some daft.ie stats I’ve put up on Manyeyes.com. It’s a heatmap of changes in property prices across Ireland. The figures are at county level and look at the year-on-year change each quarter from early 2007 to Q3 2008.
I’ve put a quick overview of the visualization, as well as a link to it, on my personal blog. Comments here or on the blog most welcome, and as a reward (if you’re into that kinda thing!), if you click through to the Manyeyes visualization itself, you can access the dataset underpinning the heatmap.
Any thoughts on whether this kind of thing is useful and/or what statistics should be heatmapped - e.g. stock or flow statistics, yields, rents - are welcome… Or even fill out the poll for this thread. It won’t be possible to do absolutely everything, naturally, but feedback helps prioritize.