The Housing Barometer is a tool to support a rapid analysis of the housing sector. It provides a quick overview of the housing sector that feeds directly into the housing policy formulation process. The Housing Barometer relies on qualitative assessments rather than data and empirical evidences. It expresses the perceptions of policy makers, decision makers and housing practitioners about the performance of the various subsectors of the housing sector. The result of housing sector analysis through the Housing Barometer gives an immediate visualization of the performance of the housing sector by means of the scoring given to each dimension and sub-sector of the Housing Sector in the context that it is being utilized.
The Housing Barometer is a practical tool that draws on the housing sector analysis methodology as outlined in the Practical Guide for Conducting Housing Profiles.
The Housing Barometer enables an easy diagrammatic visualization of the weaknesses and strengths of the housing sector in a given city/country, and as a result provides a basis for further policy discussions. It is illustrated as a housing sector diamond (the geometric figure) that suggests areas for further analysis and possible policy response. The Housing Barometer is therefore a problem-solving tool helping in the identification of the problem areas or policy shortcomings that need attention.