Residential property prices in the Philippines increased during the first quarter of 2025, albeit at a slower pace compared to the previous quarter.
The nationwide Residential Property Price Index (RPPI) decelerated from 9.8% in Q4 2024 to 7.6% in Q1 2025.
The National Capital Region (NCR) recorded the highest growth in residential property prices, registering a 13.9% year-on-year increase, significantly higher than the 3.0% growth in areas outside the NCR.
The increase in prices was primarily driven by higher costs of condominium units and houses, which posted year-on-year gains of 10.6% and 4.5%, respectively.
The housing segment includes various types such as single-detached or attached homes, apartments, townhouses, and duplexes.
The RPPI is a key indicator monitored by the Bangko Sentral ng Pilipinas (BSP) to assess the condition of the country’s real estate and credit markets, based on data from housing loans granted by banks.
