MANILA — Residential property prices across various housing types in the Philippines rose 1.9 percent year-on-year (y-o-y) in the third quarter of 2025, slowing from the 7.5-percent increase recorded in Q2, data from the Bangko Sentral ng Pilipinas (BSP) showed.

By location, the National Capital Region (NCR) led the growth with a 2.3-percent y-o-y increase, while Areas Outside the NCR (AONCR) saw a 1.6-percent rise.

Trends by housing type were mixed. Prices for houses—including single-attached or detached units, apartments, townhouses, and duplexes—increased 1.9 percent y-o-y in Q3, down from 13.1 percent in the previous quarter. Condominium prices rebounded to 1.4-percent growth after a 0.2-percent contraction in Q2.

The Residential Property Price Index (RPPI) measures average changes in housing unit prices over time, based on banks’ data from actual housing loans. The BSP uses the index as a key indicator in assessing the country’s real estate and credit market conditions.