RESIDENTIAL REAL ESTATE PRICE INDEX1

for periods indicated

(Q1 2014 = 100)
2016 2017 2018 2019
2016 2017 2018
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3

PHILIPPINES
All Types of Housing Unit2 109.8 113.7 117.0 106.9 111.7 109.6 111.1 113.9 111.8 111.6 117.4 116.2 117.0 116.6 118.1 120.0 117.5 128.7
Single Detached/Attached House 103.0 104.9 104.6 98.9 105.8 102.6 104.9 108.0 103.6 103.4 104.6 107.3 105.1 103.6 102.6 105.7 100.7 106.1

Duplex3 98.9 96.2 110.4 114.7 98.6 96.7 87.5 91.2 103.6 88.4 102.6 131.5 99.0 115.5 98.8 121.0 111.4 144.2
Townhouse 106.1 111.0 127.1 107.3 109.2 100.5 107.7 107.6 112.7 107.7 116.3 122.4 128.4 127.7 129.9 134.4 133.9 135.4

Condominium Unit 124.7 132.8 138.0 123.2 123.9 126.4 125.5 128.3 129.3 131.0 143.3 130.9 138.5 138.6 144.2 145.2 151.8 178.9

Growth Rate (%, Year-on-Year)

All Types of Housing Unit 3.6 2.9 1.3 5.9 3.8 3.3 6.5 0.1 1.8 5.7 2.0 4.7 4.5 0.6 3.3 0.4 10.4
Single Detached/Attached House 1.8 -0.3 -0.9 8.1 5.4 4.3 9.2 -2.1 0.8 -0.3 -0.6 1.4 0.2 -1.9 -1.5 -4.2 2.4
Duplex -2.7 14.8 10.4 0.7 -5.1 -12.3 -20.5 5.1 -8.6 17.3 44.2 -4.4 30.7 -3.7 -8.0 12.5 24.8

Townhouse 4.6 r
14.5 4.0 12.8 3.1 6.4 0.3 3.2 7.2 8.0 13.8 13.9 18.6 11.7 9.8 4.3 6.0

Condominium Unit 6.5 3.9 8.7 3.3 3.5 3.6 4.1 4.4 3.6 14.2 2.0 7.1 5.8 0.6 10.9 9.6 29.1

Growth Rate (%, Quarter-on-Quarter)

All Types of Housing Unit -0.7 4.5 -1.9 1.4 2.5 -1.8 -0.2 5.2 -1.0 0.7 -0.3 1.3 1.6 -2.1 9.5
Single Detached/Attached House -1.7 7.0 -3.0 2.2 3.0 -4.1 -0.2 1.2 2.6 -2.1 -1.4 -1.0 3.0 -4.7 5.4

Duplex 14.9 -14.0 -1.9 -9.5 4.2 13.6 -14.7 16.1 28.2 -24.7 16.7 -14.5 22.5 -7.9 29.4
Townhouse 6.0 1.8 -8.0 7.2 -0.1 4.7 -4.4 8.0 5.2 4.9 -0.5 1.7 3.5 -0.4 1.1

Condominium Unit 1.7 0.6 2.0 -0.7 2.2 0.8 1.3 9.4 -8.7 5.8 0.1 4.0 0.7 4.5 17.9

NATIONAL CAPITAL REGION (NCR)

All Types of Housing Unit 115.6 121.1 125.8 113.4 116.1 115.7 117.3 118.4 120.4 118.2 127.6 121.6 125.7 126.4 129.8 132.5 132.2 154.4
Single Detached/Attached House 81.5 82.7 82.6 76.6 83.6 80.4 85.5 91.9 86.2 76.5 77.0 87.0 82.8 80.5 80.1 87.9 73.3 78.7

Duplex 77.9 98.8 122.7 56.0 81.7 89.1 90.2 63.1 91.4 77.0 214.8 357.0 72.2 120.2 73.1 121.7 101.0 172.0

Townhouse 103.6 104.6 117.4 103.1 108.6 93.9 109.7 104.9 108.6 104.8 100.3 114.4 117.6 117.8 119.8 116.5 106.8 103.8

Condominium Unit 125.8 133.3 138.6 124.3 124.6 128.0 126.2 126.9 130.6 131.1 145.4 131.1 138.9 139.5 145.4 146.3 153.4 186.7

Growth Rate (%, Year-on-Year)

All Types of Housing Unit 4.8 3.9 3.5 1.9 0.2 0.6 4.4 3.7 2.2 8.8 2.7 4.4 6.9 1.7 9.0 5.2 22.2
Single Detached/Attached House 1.5 -0.1 -23.9 -7.5 -10.3 -10.5 20.0 3.1 -4.9 -9.9 -5.3 -3.9 5.2 4.0 1.0 -11.5 -2.2
Duplex 26.8 24.2 -52.7 -22.5 7.3 -8.8 12.7 11.9 -13.6 138.1 465.8 -21.0 56.1 -66.0 -65.9 39.9 43.1
Townhouse 1.0 12.2 3.7 7.5 -9.2 0.8 1.7 0.0 11.6 -8.6 9.1 8.3 12.4 19.4 1.8 -9.2 -11.9

Condominium Unit 6.0 4.0 9.4 2.9 4.0 3.0 2.1 4.8 2.4 15.2 3.3 6.4 6.4 0.0 11.6 10.4 33.8

Growth Rate (%, Quarter-on-Quarter)

All Types of Housing Unit -2.7 2.4 -0.3 1.4 0.9 1.7 -1.8 8.0 -4.7 3.4 0.6 2.7 2.1 -0.2 16.8
Single Detached/Attached House -19.8 9.1 -3.8 6.3 7.5 -6.2 -11.3 0.7 13.0 -4.8 -2.8 -0.5 9.7 -16.6 7.4

Duplex -43.4 45.9 9.1 1.2 -30.0 44.8 -15.8 179.0 66.2 -79.8 66.5 -39.2 66.5 -17.0 70.3
Townhouse -5.2 5.3 -13.5 16.8 -4.4 3.5 -3.5 -4.3 14.1 2.8 0.2 1.7 -2.8 -8.3 -2.8

Condominium Unit 1.5 0.2 2.7 -1.4 0.6 2.9 0.4 10.9 -9.8 5.9 0.4 4.2 0.6 4.9 21.7

AREAS OUTSIDE NATIONAL CAPITAL REGION (AONCR)

All Types of Housing Unit 106.7 109.6 111.3 103.3 109.3 106.2 107.9 111.6 107.5 108.1 111.1 112.5 112.0 110.5 110.2 113.1 110.8 115.9
Single Detached/Attached House 105.0 107.1 106.6 101.0 107.8 104.7 106.6 109.4 105.2 106.2 107.5 109.0 107.1 105.7 104.6 107.0 103.3 108.6

Duplex 128.4 120.8 133.1 161.9 125.8 122.1 109.4 125.0 134.9 115.2 109.7 132.6 137.8 127.5 134.9 142.9 138.9 166.9
Townhouse 111.0 117.8 135.3 114.3 112.4 109.6 107.8 111.9 118.4 112.4 129.5 129.4 137.3 136.2 138.6 147.4 151.4 155.8
r
Condominium Unit 116.6 128.8 134.3 114.1 117.7 115.1 119.4 134.3 121.9 130.1 129.4 130.1 136.5 133.6 137.2 138.9 143.0 145.2

Growth Rate (%, Year-on-Year)

All Types of Housing Unit 2.7 1.6 1.8 9.6 6.9 6.0 8.0 -1.6 1.8 3.0 0.8 4.2 2.2 -0.8 0.5 -1.1 4.9
Single Detached/Attached House 2.0 -0.5 1.5 9.4 6.9 5.6 8.3 -2.4 1.4 0.8 -0.4 1.8 -0.5 -2.7 -1.8 -3.5 2.7
Duplex -5.9 10.2 56.4 24.7 3.0 5.5 -22.8 7.2 -5.7 0.3 6.1 2.1 10.7 23.0 7.8 0.8 30.9

Townhouse 6.1 14.9 6.1 22.0 20.4 16.3 -2.1 5.3 2.6 20.1 15.6 16.0 21.2 7.0 13.9 10.3 14.4
Condominium Unit 10.5 4.3 1.7 5.2 0.4 8.1 17.7 3.6 13.0 8.4 -3.1 12.0 2.7 6.0 6.8 4.8 8.7

Growth Rate (%, Quarter-on-Quarter)

All Types of Housing Unit 1.5 5.8 -2.8 1.6 3.4 -3.7 0.6 2.8 1.3 -0.4 -1.3 -0.3 2.6 -2.0 4.6
Single Detached/Attached House 0.1 6.7 -2.9 1.8 2.6 -3.8 1.0 1.2 1.4 -1.7 -1.3 -1.0 2.3 -3.5 5.1

Duplex 56.1 -22.3 -2.9 -10.4 14.3 7.9 -14.6 -4.8 20.9 3.9 -7.5 5.8 5.9 -2.8 20.2
Townhouse 23.3 -1.7 -2.5 -1.6 3.8 5.8 -5.1 15.2 -0.1 6.1 -0.8 1.8 6.3 2.7 2.9

Condominium Unit 3.3 3.2 -2.2 3.7 12.5 -9.2 6.7 -0.5 0.5 4.9 -2.1 2.7 1.2 3.0 1.5

1
Based on bank reports on residential real estate loans granted per BSP Circular No. 892 dated 16 November 2015
2
No index generated for apartments due to very few observations
3
Indices for duplex exhibit more volatility due to relatively small number of reported real estate loans
Source: Bangko Sentral ng Pilipinas (BSP)