Residential real estate price index Philippines 2025| ��ƽ��

Residential real estate price index in the Philippines from 2022 to 2025

Characteristic	Price index (2019=100)
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Release date

June 2026

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Region

Philippines

Survey time period

2023 to 2025

Special properties

base value was 2019 which was equivalent to 100

Supplementary notes

All housing units include single detached/attached house, duplex, townhouse, condominium unit, except for apartments due to very few observations.

Values were based on bank reports on residential real estate loans granted per BSP Circular No. 892 dated November 16, 2015.

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The price of residential real estate in the Philippines has been on the rise. In 2025, the price index reached points, indicating a significant increase from index points in 2022. The Residential Real Estate Price Index (RREPI) is used to measure the rate at which the price of residential properties changes over time. It is also an indicator to assess the country's real estate and credit market situation.

Prices of housing units 

The price of housing units in the Philippines is not measured in absolute values but using the Residential Real Estate Price Index (RREPI) with a base value of 100 as of 2019. Among the different types of housing units, duplex houses registered the highest RREPI, followed by condo units. Meanwhile, the prices of single-detached and attached houses experienced its highest rate of growth in 2024.

The condominium market 

Condominium units are common in metropolitan cities in the Philippines, such as Metro Manila, Cebu, and Davao. The demand for such properties is fueled by urbanization, leading to an expansion of commercial and industrial hubs. Foreign investments and sustained remittances from migrant workers also contribute to the appetite for condominium properties. In Metro Manila alone, there were roughly ** completed condominium units in 2023, and **** of the occupied units belong to the lower mid-income segment. Meanwhile, the residential hubs of Cebu and Davao had the highest condo stock among other provinces in the country in 2022.