Housing prices in the Philippines rose 7.5 percent year-on-year in the second quarter of 2025, led by an increase in costs outside Metro Manila.
The Bangko Sentral ng Pilipinas said Friday the residential property price index (RPPI) in areas outside the National Capital Region (NCR) posted an 11.5 percent year-on-year growth.
Meanwhile, NCR housing prices rose 2.4 percent in the second quarter of 2025.
“By house type, price movements were mixed,” the BSP said in a statement.
Prices for single-attached or detached units, apartments, townhouses and duplexes went up by 13.1 year-on-year. This offset the 0.2 percent drop in condominium prices.
The RPPI measures the average price changes of various housing units using banks’ data on actual housing loans.
The BSP said it watches the RPPI to assess the country’s real estate and credit market conditions.
