The price of residential real estate in the Philippines has been on the rise since 2016. In 2024, the price index reached ***** points, indicating a significant increase from ***** index points in 2016. 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 the first quarter of 2014. 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.
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Key information about Philippines Gold Production
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Philippines Gross Value Added: 1985p: Real Estate data was reported at 5,630.000 PHP mn in Dec 2010. This records an increase from the previous number of 5,333.000 PHP mn for Sep 2010. Philippines Gross Value Added: 1985p: Real Estate data is updated quarterly, averaging 2,231.500 PHP mn from Mar 1981 (Median) to Dec 2010, with 120 observations. The data reached an all-time high of 5,630.000 PHP mn in Dec 2010 and a record low of 1,321.000 PHP mn in Jun 1985. Philippines Gross Value Added: 1985p: Real Estate data remains active status in CEIC and is reported by Philippine Statistics Authority. The data is categorized under Global Database’s Philippines – Table PH.A056: SNA 1968/1993: Gross Value Added: by Industry: 1985 Price.
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Philippines GDP: Service Sector: Real Estate, Renting & Business Activities data was reported at 2,084,798.398 PHP mn in 2017. This records an increase from the previous number of 1,898,993.422 PHP mn for 2016. Philippines GDP: Service Sector: Real Estate, Renting & Business Activities data is updated yearly, averaging 758,671.721 PHP mn from Dec 1998 (Median) to 2017, with 20 observations. The data reached an all-time high of 2,084,798.398 PHP mn in 2017 and a record low of 285,660.617 PHP mn in 1998. Philippines GDP: Service Sector: Real Estate, Renting & Business Activities data remains active status in CEIC and is reported by Philippine Statistics Authority. The data is categorized under Global Database’s Philippines – Table PH.A007: SNA 2008: Gross Domestic Product: by Industry: Current Price: Annual.
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Philippines GDP: Davao Region: SS: Real Estate & Ownership of Dwellings data was reported at 50,847,802.434 PHP th in 2023. This records an increase from the previous number of 46,745,939.168 PHP th for 2022. Philippines GDP: Davao Region: SS: Real Estate & Ownership of Dwellings data is updated yearly, averaging 22,049,866.892 PHP th from Dec 2000 (Median) to 2023, with 24 observations. The data reached an all-time high of 50,847,802.434 PHP th in 2023 and a record low of 9,912,818.430 PHP th in 2002. Philippines GDP: Davao Region: SS: Real Estate & Ownership of Dwellings data remains active status in CEIC and is reported by Philippine Statistics Authority. The data is categorized under Global Database’s Philippines – Table PH.A018: PSNA 5th Revision: Gross Domestic Product: by Region: by Industry: Current Price.
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Philippines GDP: SOCCSKSARGEN: SS: Real Estate & Ownership of Dwellings data was reported at 21,734,440.930 PHP th in 2023. This records an increase from the previous number of 19,666,073.711 PHP th for 2022. Philippines GDP: SOCCSKSARGEN: SS: Real Estate & Ownership of Dwellings data is updated yearly, averaging 10,844,704.452 PHP th from Dec 2000 (Median) to 2023, with 24 observations. The data reached an all-time high of 21,734,440.930 PHP th in 2023 and a record low of 6,810,563.726 PHP th in 2002. Philippines GDP: SOCCSKSARGEN: SS: Real Estate & Ownership of Dwellings data remains active status in CEIC and is reported by Philippine Statistics Authority. The data is categorized under Global Database’s Philippines – Table PH.A018: PSNA 5th Revision: Gross Domestic Product: by Region: by Industry: Current Price.
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The Philippine ceramic tile market, valued at $3.89 billion in 2025, exhibits robust growth potential, projected to expand at a Compound Annual Growth Rate (CAGR) of 6.26% from 2025 to 2033. This growth is fueled by several key factors. The burgeoning construction industry, driven by infrastructure development projects and rising urbanization, significantly boosts demand for ceramic tiles. Furthermore, increasing disposable incomes and a preference for aesthetically pleasing and durable flooring solutions among Filipino consumers contribute to market expansion. The market also benefits from innovative product developments, including larger format tiles, improved designs mirroring global trends, and the incorporation of eco-friendly materials catering to growing environmental consciousness. Major players like Dynasty Ceramic, AllHome, and Mariwasa Siam Ceramics Inc. compete within this dynamic market, offering diverse product ranges and leveraging effective distribution networks. However, the market faces challenges such as fluctuating raw material prices and potential supply chain disruptions. Competition is intense, necessitating continuous innovation and strategic marketing to maintain a strong market position. The segment encompassing residential applications likely holds the largest market share, followed by commercial and industrial segments, reflecting the ongoing construction boom in both housing and commercial spaces across the Philippines. The forecast period (2025-2033) promises further growth, driven by ongoing government initiatives to improve infrastructure and housing. The rising middle class with increased purchasing power will further fuel this demand. While challenges like material costs and international competition exist, the positive economic outlook of the Philippines and the enduring appeal of ceramic tiles point towards a sustained, albeit potentially fluctuating, growth trajectory for the industry. Targeted marketing strategies focusing on specific consumer segments and innovative product offerings will be crucial for manufacturers to capitalize on these growth opportunities. Analyzing regional variations in demand and tailoring strategies accordingly will be essential to optimizing market penetration and maximizing revenue streams. Key drivers for this market are: Growth In Construction Sector, Growth In Real Estate Market. Potential restraints include: Volatile Raw Material Prices, Availability of Substitutes. Notable trends are: Growth of Construction Sector to Drive Demand for Ceramic Tiles.
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Philippines GDP: 1985p: Ownership of Dwellings & Real Estate data was reported at 18,093.000 PHP mn in Dec 2010. This records an increase from the previous number of 17,980.000 PHP mn for Sep 2010. Philippines GDP: 1985p: Ownership of Dwellings & Real Estate data is updated quarterly, averaging 11,139.500 PHP mn from Mar 1981 (Median) to Dec 2010, with 120 observations. The data reached an all-time high of 18,093.000 PHP mn in Dec 2010 and a record low of 7,849.000 PHP mn in Jun 1981. Philippines GDP: 1985p: Ownership of Dwellings & Real Estate data remains active status in CEIC and is reported by Philippine Statistics Authority. The data is categorized under Global Database’s Philippines – Table PH.A042: Gross Domestic Product: by Industry: SNA 1968/1993: 1985 Price. Changed from SNA 1968/1993 to SNA 2008 Rebased from 1985p to 2000p Replacement series ID: 313579101
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Philippines Roofing Market size was valued at USD 230 Million in 2024 and is projected to reach USD 380 Million by 2032, growing at a CAGR of 6.1% during the forecasted period 2025 to 2032.The Philippines Roofing Market is driven by rapid urbanization and increasing residential and commercial construction activities, fueled by government infrastructure projects under the Build, Build, Build program. Rising disposable income and demand for durable, weather-resistant roofing materials, especially in typhoon-prone areas, are boosting market growth. The adoption of energy-efficient and eco-friendly roofing solutions, such as cool roofs and solar-integrated systems, is gaining traction due to sustainability concerns and rising energy costs. Additionally, the expanding real estate sector, coupled with foreign investments and a growing middle class, is further propelling demand for high-quality roofing materials.
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Philippines GDP: CAR: SS: Real Estate & Ownership of Dwellings data was reported at 29,771.155 PHP th in 2024. This records an increase from the previous number of 27,804.043 PHP th for 2023. Philippines GDP: CAR: SS: Real Estate & Ownership of Dwellings data is updated yearly, averaging 9,543,293.130 PHP th from Dec 2000 (Median) to 2024, with 25 observations. The data reached an all-time high of 26,877,981.855 PHP th in 2019 and a record low of 25,982.279 PHP th in 2022. Philippines GDP: CAR: SS: Real Estate & Ownership of Dwellings data remains active status in CEIC and is reported by Philippine Statistics Authority. The data is categorized under Global Database’s Philippines – Table PH.A018: PSNA 5th Revision: Gross Domestic Product: by Region: by Industry: Current Price.
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Philippines GDP: Northern Mindanao: SS: Real Estate & Ownership of Dwellings data was reported at 49,624,768.864 PHP th in 2023. This records an increase from the previous number of 45,418,507.542 PHP th for 2022. Philippines GDP: Northern Mindanao: SS: Real Estate & Ownership of Dwellings data is updated yearly, averaging 25,629,763.788 PHP th from Dec 2000 (Median) to 2023, with 24 observations. The data reached an all-time high of 49,624,768.864 PHP th in 2023 and a record low of 9,382,267.599 PHP th in 2000. Philippines GDP: Northern Mindanao: SS: Real Estate & Ownership of Dwellings data remains active status in CEIC and is reported by Philippine Statistics Authority. The data is categorized under Global Database’s Philippines – Table PH.A018: PSNA 5th Revision: Gross Domestic Product: by Region: by Industry: Current Price.
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Philippines GDP: Central Visayas: SS: Real Estate & Ownership of Dwellings data was reported at 130,654,229.703 PHP th in 2023. This records an increase from the previous number of 119,829,087.238 PHP th for 2022. Philippines GDP: Central Visayas: SS: Real Estate & Ownership of Dwellings data is updated yearly, averaging 52,937,863.371 PHP th from Dec 2000 (Median) to 2023, with 24 observations. The data reached an all-time high of 130,654,229.703 PHP th in 2023 and a record low of 17,508,702.499 PHP th in 2000. Philippines GDP: Central Visayas: SS: Real Estate & Ownership of Dwellings data remains active status in CEIC and is reported by Philippine Statistics Authority. The data is categorized under Global Database’s Philippines – Table PH.A018: PSNA 5th Revision: Gross Domestic Product: by Region: by Industry: Current Price.
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Philippines GDP: BARMM: SS: Real Estate & Ownership of Dwellings data was reported at 6,331,562.027 PHP th in 2023. This records an increase from the previous number of 6,134,159.132 PHP th for 2022. Philippines GDP: BARMM: SS: Real Estate & Ownership of Dwellings data is updated yearly, averaging 4,260,017.968 PHP th from Dec 2000 (Median) to 2023, with 24 observations. The data reached an all-time high of 6,331,562.027 PHP th in 2023 and a record low of 2,262,026.484 PHP th in 2002. Philippines GDP: BARMM: SS: Real Estate & Ownership of Dwellings data remains active status in CEIC and is reported by Philippine Statistics Authority. The data is categorized under Global Database’s Philippines – Table PH.A018: PSNA 5th Revision: Gross Domestic Product: by Region: by Industry: Current Price.
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Philippines GDP: Bicol: SS: Real Estate & Ownership of Dwellings data was reported at 28,626,503.227 PHP th in 2023. This records an increase from the previous number of 25,723,316.398 PHP th for 2022. Philippines GDP: Bicol: SS: Real Estate & Ownership of Dwellings data is updated yearly, averaging 14,515,226.840 PHP th from Dec 2000 (Median) to 2023, with 24 observations. The data reached an all-time high of 28,626,503.227 PHP th in 2023 and a record low of 9,966,422.372 PHP th in 2001. Philippines GDP: Bicol: SS: Real Estate & Ownership of Dwellings data remains active status in CEIC and is reported by Philippine Statistics Authority. The data is categorized under Global Database’s Philippines – Table PH.A018: PSNA 5th Revision: Gross Domestic Product: by Region: by Industry: Current Price.
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Philippines GDP: Western Visayas: SS: Real Estate & Ownership of Dwellings data was reported at 51,388,788.742 PHP th in 2023. This records an increase from the previous number of 46,567,208.875 PHP th for 2022. Philippines GDP: Western Visayas: SS: Real Estate & Ownership of Dwellings data is updated yearly, averaging 31,022,908.985 PHP th from Dec 2000 (Median) to 2023, with 24 observations. The data reached an all-time high of 51,388,788.742 PHP th in 2023 and a record low of 15,888,097.689 PHP th in 2000. Philippines GDP: Western Visayas: SS: Real Estate & Ownership of Dwellings data remains active status in CEIC and is reported by Philippine Statistics Authority. The data is categorized under Global Database’s Philippines – Table PH.A018: PSNA 5th Revision: Gross Domestic Product: by Region: by Industry: Current Price.
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Philippines GDP: CARAGA: SS: Real Estate & Ownership of Dwellings data was reported at 14,852,024.692 PHP th in 2023. This records an increase from the previous number of 13,689,668.947 PHP th for 2022. Philippines GDP: CARAGA: SS: Real Estate & Ownership of Dwellings data is updated yearly, averaging 6,478,160.696 PHP th from Dec 2000 (Median) to 2023, with 24 observations. The data reached an all-time high of 14,852,024.692 PHP th in 2023 and a record low of 3,015,405.115 PHP th in 2000. Philippines GDP: CARAGA: SS: Real Estate & Ownership of Dwellings data remains active status in CEIC and is reported by Philippine Statistics Authority. The data is categorized under Global Database’s Philippines – Table PH.A018: PSNA 5th Revision: Gross Domestic Product: by Region: by Industry: Current Price.
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Philippines GDP: Eastern Visayas: SS: Real Estate & Ownership of Dwellings data was reported at 30,704.530 PHP th in 2024. This records an increase from the previous number of 28,850.108 PHP th for 2023. Philippines GDP: Eastern Visayas: SS: Real Estate & Ownership of Dwellings data is updated yearly, averaging 14,267,442.999 PHP th from Dec 2000 (Median) to 2024, with 25 observations. The data reached an all-time high of 27,643,299.563 PHP th in 2019 and a record low of 27,592.570 PHP th in 2022. Philippines GDP: Eastern Visayas: SS: Real Estate & Ownership of Dwellings data remains active status in CEIC and is reported by Philippine Statistics Authority. The data is categorized under Global Database’s Philippines – Table PH.A018: PSNA 5th Revision: Gross Domestic Product: by Region: by Industry: Current Price.
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Philippines GDP: CALABARZON: SS: Real Estate & Ownership of Dwellings data was reported at 244,927,965.151 PHP th in 2023. This records an increase from the previous number of 220,033,730.371 PHP th for 2022. Philippines GDP: CALABARZON: SS: Real Estate & Ownership of Dwellings data is updated yearly, averaging 111,968,573.956 PHP th from Dec 2000 (Median) to 2023, with 24 observations. The data reached an all-time high of 244,927,965.151 PHP th in 2023 and a record low of 47,145,404.185 PHP th in 2000. Philippines GDP: CALABARZON: SS: Real Estate & Ownership of Dwellings data remains active status in CEIC and is reported by Philippine Statistics Authority. The data is categorized under Global Database’s Philippines – Table PH.A018: PSNA 5th Revision: Gross Domestic Product: by Region: by Industry: Current Price.
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Philippines GDP: Cagayan Valley: SS: Real Estate & Ownership of Dwellings data was reported at 22,132.253 PHP th in 2024. This records an increase from the previous number of 20,300.834 PHP th for 2023. Philippines GDP: Cagayan Valley: SS: Real Estate & Ownership of Dwellings data is updated yearly, averaging 8,260,754.008 PHP th from Dec 2000 (Median) to 2024, with 25 observations. The data reached an all-time high of 18,397,618.867 PHP th in 2019 and a record low of 18,772.354 PHP th in 2022. Philippines GDP: Cagayan Valley: SS: Real Estate & Ownership of Dwellings data remains active status in CEIC and is reported by Philippine Statistics Authority. The data is categorized under Global Database’s Philippines – Table PH.A018: PSNA 5th Revision: Gross Domestic Product: by Region: by Industry: Current Price.
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Philippines GDP: Zamboanga Peninsula: SS: Real Estate & Ownership of Dwellings data was reported at 19,524,716.972 PHP th in 2023. This records an increase from the previous number of 18,234,779.322 PHP th for 2022. Philippines GDP: Zamboanga Peninsula: SS: Real Estate & Ownership of Dwellings data is updated yearly, averaging 9,271,895.615 PHP th from Dec 2000 (Median) to 2023, with 24 observations. The data reached an all-time high of 19,524,716.972 PHP th in 2023 and a record low of 6,052,356.000 PHP th in 2000. Philippines GDP: Zamboanga Peninsula: SS: Real Estate & Ownership of Dwellings data remains active status in CEIC and is reported by Philippine Statistics Authority. The data is categorized under Global Database’s Philippines – Table PH.A018: PSNA 5th Revision: Gross Domestic Product: by Region: by Industry: Current Price.
The price of residential real estate in the Philippines has been on the rise since 2016. In 2024, the price index reached ***** points, indicating a significant increase from ***** index points in 2016. 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 the first quarter of 2014. 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.