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.

Residential Property Prices in Philippines increased 7.55 percent in June of 2025 over the same month in the previous year. This dataset includes a chart with historical data for Philippines Residential Property Prices.

The residential real estate price index in the Philippines experienced a *** percent growth in comparison to the previous year. Housing prices in the country have been increasing year-on-year since 2017, except for 2021. 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.

Graph and download economic data for Real Residential Property Prices for Makati, Philippines (QPHR628BIS) from Q1 2008 to Q1 2025 about Makati, Philippines, residential, HPI, housing, real, price index, indexes, and price.

Key information about Philippines Real Residential Property Price Index Growth

• Philippines Real Residential Property Price Index Growth was reported at 6.111 % in Jun 2025.
• This records an increase from the previous number of 5.212 % for Mar 2025.
• Philippines Real Residential Property Price Index Growth data is updated quarterly, averaging 3.693 % from Mar 2009 to Jun 2025, with 66 observations.
• The data reached an all-time high of 12.061 % in Jun 2016 and a record low of -5.913 % in Dec 2009.
• Philippines Real Residential Property Price Index Growth data remains active status in CEIC and is reported by Bank for International Settlements.
• The data is categorized under World Trend Plus’s Association: Property Sector – Table RK.BIS.RPPI: Selected Real Residential Property Price Index: 2010=100: Quarterly: YoY %.

Key information about House Prices Growth

• Philippines house prices grew 7.5% YoY in Jun 2025, following an increase of 7.6% YoY in the previous quarter.
• YoY growth data is updated quarterly, available from Mar 2015 to Jun 2025, with an average growth rate of 7.7%.
• House price data reached an all-time high of 13.9% in Sep 2022 and a record low of -0.4% in Sep 2015.

CEIC extends history for quarterly House Prices Growth. The Bangko Sentral ng Pilipinas provides Residential Property Price Index Growth. House Prices Growth prior to Q1 2020 is calculated from House Prices Index Growth with base Q1 2014=100 and covers new residential housing units only.

Philippines - Selected residential property prices, Real, Index, 2010 = 100

As of the second quarter of 2025, the Philippines was the country with the highest inflation-adjusted increase in house prices since 2010 among the Asia-Pacific (APAC) countries under observation. The real house price index in the Philippines reached over *** index points, a *** percent increase compared to the same quarter of the previous year. This means that, adjusted for inflation, house prices grew ** percent since 2010, the baseline year when the index value was set to 100. According to the nominal house price index, which does not adjust for the effects of inflation, the price increase was higher.

Key information about Philippines Nominal Residential Property Price Index

• Philippines Nominal Residential Property Price Index was reported at 305.210 2010=100 in Jun 2025.
• This records an increase from the previous number of 292.780 2010=100 for Mar 2025.
• Philippines Nominal Residential Property Price Index data is updated quarterly, averaging 172.405 2010=100 from Mar 2008 to Jun 2025, with 70 observations.
• The data reached an all-time high of 305.210 2010=100 in Jun 2025 and a record low of 95.801 2010=100 in Mar 2008.
• Philippines Nominal Residential Property Price Index data remains active status in CEIC and is reported by Bank for International Settlements.
• The data is categorized under World Trend Plus’s Association: Property Sector – Table RK.BIS.RPPI: Selected Nominal Residential Property Price Index: 2010=100: Quarterly.

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In 2024, duplex housing units registered the highest residential real estate price index growth in the Philippines at **** percent in comparison to the previous year. In comparison, town houses had the lowest growth rate in that period.

The real estate price index of duplex house units in the Philippines was at *** index points. The price of duplex house units fluctuated since 2016.The Residential Real Estate Price Index (RREPI) is used to measure the rate that the price of residential properties are changing over time. It is also an indicator to assess the real estate and credit market situation in the country.

The real estate price index of town houses in the Philippines was at ***** index points in 2024. The price of town houses units have increased year-on-year since 2016. The Residential Real Estate Price Index (RREPI) is used to measure the rate that the price of residential properties are changing over time. It is also an indicator to assess the real estate and credit market situation in the country.

Philippines Implicit Price Index: Real Estate, Renting & Business Activities data was reported at 208.586 2000=100 in 2017. This records an increase from the previous number of 204.043 2000=100 for 2016. Philippines Implicit Price Index: Real Estate, Renting & Business Activities data is updated yearly, averaging 150.224 2000=100 from Dec 1998 (Median) to 2017, with 20 observations. The data reached an all-time high of 208.586 2000=100 in 2017 and a record low of 87.027 2000=100 in 1998. Philippines Implicit Price Index: 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.A020: Gross Domestic Product: Implicit Price Index: SNA 2008: 2000=100 (Annual).

The real estate price index of single-detached or attached houses in the Philippines was at ***** index points in 2024. The price of single-detached or attached house units fluctuated over the given period of time. The Residential Real Estate Price Index (RREPI) is used to measure the rate that the price of residential properties is changing over time. It is also an indicator to assess the country's real estate and credit market situation.

The residential real estate price index in the National Capital Region (NCR) in the Philippines contracted by *** percent compared to the previous year. Meanwhile, housing units in areas outside NCR registered a *** percent growth in comparison to the previous year.

Philippines Consumer Price Index (CPI): Housing and Repairs: Rentals data was reported at 371.700 1988=100 in Dec 1998. This records an increase from the previous number of 370.600 1988=100 for Nov 1998. Philippines Consumer Price Index (CPI): Housing and Repairs: Rentals data is updated monthly, averaging 213.450 1988=100 from Jan 1988 (Median) to Dec 1998, with 132 observations. The data reached an all-time high of 371.700 1988=100 in Dec 1998 and a record low of 95.100 1988=100 in Jan 1988. Philippines Consumer Price Index (CPI): Housing and Repairs: Rentals data remains active status in CEIC and is reported by Philippine Statistics Authority. The data is categorized under Global Database’s Philippines – Table PH.I048: Consumer Price Index: 1988=100.

Philippines Implicit Price Index: SS: Real Estate, Rent & Business Activities data was reported at 216.317 2000=100 in Mar 2018. This records an increase from the previous number of 213.826 2000=100 for Dec 2017. Philippines Implicit Price Index: SS: Real Estate, Rent & Business Activities data is updated quarterly, averaging 151.522 2000=100 from Mar 1998 (Median) to Mar 2018, with 81 observations. The data reached an all-time high of 216.317 2000=100 in Mar 2018 and a record low of 83.823 2000=100 in Mar 1998. Philippines Implicit Price Index: SS: Real Estate, Rent & 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.A019: Gross Domestic Product: Implicit Price Index: SNA 2008: 2000=100.

Housing Index in Philippines increased to 12390.23 PHP/SQ. METRE in September from 11701.17 PHP/SQ. METRE in August of 2025. This dataset provides - Philippines Housing Sales - actual values, historical data, forecast, chart, statistics, economic calendar and news.

CPI Housing Utilities in Philippines increased to 124.20 points in October from 123.80 points in September of 2025. This dataset provides - Philippines Cpi Housing & Utilities- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Philippines Consumer Price Index (CPI): HR: Rentals: Apartment & House Rentals data was reported at 148.900 2000=100 in Dec 2011. This stayed constant from the previous number of 148.900 2000=100 for Nov 2011. Philippines Consumer Price Index (CPI): HR: Rentals: Apartment & House Rentals data is updated monthly, averaging 114.650 2000=100 from Jan 1994 (Median) to Dec 2011, with 216 observations. The data reached an all-time high of 148.900 2000=100 in Dec 2011 and a record low of 54.900 2000=100 in Jan 1994. Philippines Consumer Price Index (CPI): HR: Rentals: Apartment & House Rentals data remains active status in CEIC and is reported by Philippine Statistics Authority. The data is categorized under Global Database’s Philippines – Table PH.I030: Consumer Price Index: 2000=100.