RESIDENTIAL property prices posted their slowest growth in almost seven years at 1.6 percent in the last quarter of 2025, down from 1.9 percent in the third quarter (Q3), the Bangko Sentral ng Pilipinas (BSP) said on Friday.
Meanwhile, price growth in the National Capital Region (NCR) remained faster at 2.3 percent annually, similar to the previous quarter, compared to Areas Outside the NCR (AONCR).
On the other hand, price growth was 1.0 percent in AONCR, down from 1.6 percent in Q3 — the second consecutive quarter of slow growth in the sector AONCR and also the lowest on record.
Price trends differed by housing type. The cost of houses (single-attached or detached units, apartments, town houses and duplexes) recorded a minimal growth of 0.1 percent in Q4 2024. This was slower than the 1.9-percent growth in Q3 2024, and the slowest increase since Q1 2019.
In contrast, condominium prices had higher growth at 3.5 percent in Q4 compared to the previous quarter’s 1.4 percent.
Data was culled from the BSP’s Residential Property Price Index, a measure of the average change in the prices of different types of housing units over time, based on actual figures on housing loans from banks.
It is one of the key indicators the BSP uses to assess the country’s real estate and credit market conditions.
