The cost of houses in the Philippines increased by 7.5% in the second quarter of 2025 compared to the same period last year, according to the latest data from the Bangko Sentral ng Pilipinas (BSP).
The BSP reported on September 26 that residential areas outside Metro Manila saw the biggest price jump at 11.5%, while prices in the National Capital Region grew more slowly at 2.4%.
The price increase was mainly driven by single homes, townhouses, and duplexes, which rose by 13.1%, while condominium prices saw a slight decrease.
The Residential Property Price Index (RPPI), which tracks housing price movements based on actual bank loans, helps the BSP monitor the country’s real estate market conditions.
The current trend indicates continued demand for housing, particularly in provinces and regions outside the capital. — iNewsPH.com
