Rising Prices of Properties Continue as of Q3 Despite the Slower PaceAccording to the Bangko Sentral ng Pilipinas, home prices continued to go up in this year’s third quarter; however, at a slower rate. This is an important factor in determining the current condition of the credit and real estate market in the Philippines. So, let’s discuss the ongoing rate for residential properties and how it affects the buying decisions of consumers. What Is RPPI? The Residential Property Price Index (RPPI) is the computation of the median change in housing unit prices over time. It is computed using the actual housing loan data from different banks in the country. This is important information that helps describe the current real estate market conditions, so Filipino buyers can make informed buying decisions. Before investing, understanding the average change in property prices can give you a smarter choice. Median Prices of Philippine Housing Units There have been a lot of assumptions about the real estate market in the Philippines, but facts are facts. Let’s find out the figures for the third quarter’s RPPI and see how it changed in media prices. Based on data, all housing types’ median price equaled PHP 3.462 million as reported on the Residential Property Price Index. For condominium units, the average price amounted to PHP 3.469 million, while the median price was at PHP 3.292 million. Meanwhile, the residential property prices increased by 1.9% year-on-year as of Q3 2025 for different types of residential properties nationwide. On the other hand, the previous quarter had seen a 7.5% increase in housing unit prices. In Metro Manila, the residential property prices posted a 2.3% increase, leading the overall year-on-year growth. For areas outside NCR, property prices increased by 1.6% to PHP 3.383 million within that period. Moreover, condominiums drove the prices with an average price of PHP 3.405 million, while houses rose to PHP 3.164 million. Housing units, including houses and condos, in Metro Mindanao, Metro Cebu, and the Balance Greater Manila Area, settled at PHP 3.596 million and PHP 3.4 million, respectively. Overall, houses are the cheapest option for those who want to invest in a new property before the end of the year Final Thoughts While the property prices continued to skyrocket during the third quarter of 2025 for both condominiums and houses, it has been at a much slower pace. Real estate experts, however, projected a steady growth for next year in terms of investors and buyers. If you’re looking to invest in a new condo in Baguio City, check out REALS.PH website. You may also list a property on the homepage, so that our trusted real estate agents can help you get a buyer. As the leading brokerage company in the north, we’ve always stayed reliable for our clients and agents through the years. Contact us now if you have any questions or other related concerns.
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