RESIDENTIAL REAL ESTATE PRICE INDEX1
	(Q1 2014 = 100)
	for periods indicated
			2016	2017	2018	2019	2020	2021	2022		2016					2017					2018					2019					2020					2021					2022					2023
											Q1	Q2	Q3	Q4		Q1	Q2	Q3	Q4		Q1	Q2	Q3	Q4		Q1	Q2	Q3	Q4		Q1	Q2	Q3	Q4		Q1	Q2	Q3	Q4		Q1	Q2	Q3	Q4		Q1
	PHILIPPINES
	All Types of Housing Unit2		112.4	116.4	119.6	127.0	138.9	137.8	145.5		109.4	114.3	112.2	113.8		116.7	114.5	114.2	120.1		118.8	119.7	119.3	120.7		122.6	120.7	131.7	133.3		138.0	152.8	131.2	134.4		132.2	138.5	139.5	141.0		139.8	142.1	148.6	151.9		154.1
	Single Detached/Attached House		105.2	107.0	106.8	107.4	118.7	114.9	120.0		101.0	108.0	104.7	107.1		110.2	105.7	105.6	106.7		109.6	107.3	105.8	104.7		107.5	103.3	108.3	110.8		115.4	127.5	116.3	116.0		115.6	118.1	111.4	114.7		112.9	119.1	122.3	126.2		132.1
	Duplex3		98.9	96.2	110.4	130.4	144.9	141.7	176.1		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	148.6		167.3	112.3	131.5	178.3		132.6	144.7	131.3	160.2		156.8	161.0	166.4	229.0		191.5
	Townhouse		108.6	113.7	130.0	139.7	155.2	186.7	187.6		109.8	111.8	102.8	110.2		110.1	115.4	110.2	119.2		125.2	131.3	130.6	132.9		137.4	137.0	138.5	146.2		145.1	151.8	155.1	169.7		157.2	174.7	212.6	208.1		197.6	181.8	178.0	193.9		201.2
	Condominium Unit		126.9	135.2	140.4	164.1	173.6	171.8	195.4		125.3	126.1	128.6	127.7		130.5	131.6	133.3	145.8		133.3	141.0	141.0	146.8		147.8	154.5	182.1	174.6		182.7	201.0	154.7	160.0		163.2	172.2	175.7	176.6		186.9	187.0	209.5	199.3		189.1
Growth Rate (%, Year-on-Year)	Growth Rate (%, Year-on-Year)
All Types of Housing Unit	All Types of Housing Unit			3.6	2.7	6.2	9.4	-0.8	5.6		1.6	5.9	3.9	3.4		6.7	0.2	1.8	5.5		1.8	4.5	4.5	0.5		3.2	0.8	10.4	10.4		12.6	26.6	-0.4	0.8		-4.2	-9.4	6.3	4.9		5.7	2.6	6.5	7.7		10.2
	Single Detached/Attached House			1.7	-0.2	0.6	10.5	-3.2	4.4		-0.9	8.1	5.4	4.3		9.1	-2.1	0.9	-0.4		-0.5	1.5	0.2	-1.9		-1.9	-3.7	2.4	5.8		7.3	23.4	7.4	4.7		0.2	-7.4	-4.2	-1.1		-2.3	0.8	9.8	10.0		17.0
	Duplex			-2.7	14.8	18.1	11.1	-2.2	24.3		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	50.4		38.3	0.8	-8.8	20.0		-20.7	28.9	-0.2	-10.2		18.3	11.3	26.7	42.9		22.1
	Townhouse			4.7	14.3	7.5	11.1	20.3	0.5		4.0	12.8	3.1	6.5		0.3	3.2	7.2	8.2		13.7	13.8	18.5	11.5		9.7	4.3	6.0	10.0		5.6	10.8	12.0	16.1		8.3	15.1	37.1	22.6		25.7	4.1	-16.3	-6.8		1.8
	Condominium Unit			6.5	3.8	16.9	5.8	-1.0	13.7		8.7	3.3	3.5	3.7		4.2	4.4	3.7	14.2		2.1	7.1	5.8	0.7		10.9	9.6	29.1	18.9		23.6	30.1	-15.0	-8.4		-10.7	-14.3	13.6	10.4		14.5	8.6	19.2	12.9		1.2
	Growth Rate (%,  Quarter-on-Quarter)
	All Types of Housing Unit										-0.6	4.5	-1.8	1.4		2.5	-1.9	-0.3	5.2		-1.1	0.8	-0.3	1.2		1.6	-1.5	9.1	1.2		3.5	10.7	-14.1	2.4		-1.6	4.8	0.7	1.1		-0.9	1.6	4.6	2.2		1.4
	Single Detached/Attached House										-1.7	6.9	-3.1	2.3		2.9	-4.1	-0.1	1.0		2.7	-2.1	-1.4	-1.0		2.7	-3.9	4.8	2.3		4.2	10.5	-8.8	-0.3		-0.3	2.2	-5.7	3.0		-1.6	5.5	2.7	3.2		4.7
	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	3.1		12.6	-32.9	17.1	35.6		-25.6	9.1	-9.3	22.0		-2.1	2.7	3.4	37.6		-16.4
	Townhouse										6.1	1.8	-8.1	7.2		-0.1	4.8	-4.5	8.2		5.0	4.9	-0.5	1.8		3.4	-0.3	1.1	5.6		-0.8	4.6	2.2	9.4		-7.4	11.1	21.7	-2.1		-5.0	-8.0	-2.1	8.9		3.8
	Condominium Unit										1.7	0.6	2.0	-0.7		2.2	0.8	1.3	9.4		-8.6	5.8	0.0	4.1		0.7	4.5	17.9	-4.1		4.6	10.0	-23.0	3.4		2.0	5.5	2.0	0.5		5.8	0.1	12.0	-4.9		-5.1
	NATIONAL CAPITAL REGION (NCR)
	All Types of Housing Unit		117.0	122.6	127.4	143.5	154.3	148.6	166.9		114.8	117.5	117.1	118.8		119.8	121.9	119.6	129.2		123.1	127.2	128.0	131.4		133.5	134.5	156.4	151.2		158.7	180.6	137.3	143.9		142.8	147.6	153.0	151.1		156.6	156.9	179.8	175.5		168.0
	Single Detached/Attached House		81.0	82.1	82.0	80.0	98.2	91.6	96.0		76.1	83.0	79.8	85.2		91.3	85.6	76.0	76.5		86.4	82.2	80.0	79.5		84.7	75.1	78.1	82.3		81.6	123.8	96.3	95.4		91.7	95.9	87.8	91.3		86.1	88.4	103.5	107.7		108.7
	Duplex		77.9	98.8	122.7	131.4	129.8	138.2	143.9		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	141.1		78.8	-	151.7	182.8		109.7	-	-	174.2		103.6	131.0	-	219.4		176.9
	Townhouse		103.6	104.7	117.4	108.4	116.0	124.2	130.7		103.1	108.6	93.9	109.7		104.9	108.6	104.8	100.7		114.4	117.6	117.8	119.8		116.5	106.8	103.8	107.0		110.5	112.1	115.4	126.6		116.9	108.2	145.9	129.0		124.5	124.6	134.5	140.0		140.8
	Condominium Unit		128.1	135.8	141.2	167.9	179.5	173.6	200.9		126.6	126.9	130.4	128.6		129.3	133.1	133.6	148.1		133.5	141.5	142.1	148.1		149.0	156.3	190.2	179.2		190.7	213.2	156.1	163.5		166.2	175.2	177.0	176.2		191.3	189.9	219.4	204.3		189.8
	Growth Rate (%, Year-on-Year)
	All Types of Housing Unit			4.8	3.9	12.6	7.5	-3.7	12.3		3.4	1.9	0.2	0.7		4.4	3.7	2.1	8.8		2.8	4.3	7.0	1.7		8.4	5.7	22.2	15.1		18.9	34.3	-12.2	-4.8		-10.0	-18.3	11.4	5.0		9.7	6.3	17.5	16.1		7.3
	Single Detached/Attached House			1.4	-0.1	-2.4	22.8	-6.7	4.8		-23.9	-7.6	-10.3	-10.1		20.0	3.1	-4.8	-10.2		-5.4	-4.0	5.3	3.9		-2.0	-8.6	-2.4	3.5		-3.7	64.8	23.3	15.9		12.4	-22.5	-8.8	-4.3		-6.1	-7.8	17.9	18.0		26.2
	Duplex			26.8	24.2	7.1	-1.2	6.5	4.1		-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	93.0		-35.3	-	-11.8	29.6		39.2	-	-	-4.7		-5.6	-	-	25.9		70.8
	Townhouse			1.1	12.1	-7.7	7.0	7.1	5.2		3.7	7.5	-9.2	0.8		1.7	0.0	11.6	-8.2		9.1	8.3	12.4	19.0		1.8	-9.2	-11.9	-10.7		-5.2	5.0	11.2	18.3		5.8	-3.5	26.4	1.9		6.5	15.2	-7.8	8.5		13.1
	Condominium Unit			6.0	4.0	18.9	6.9	-3.3	15.7		9.4	2.9	4.0	3.0		2.1	4.9	2.5	15.2		3.2	6.3	6.4	0.0		11.6	10.5	33.8	21.0		28.0	36.4	-17.9	-8.8		-12.8	-17.8	13.4	7.8		15.1	8.4	24.0	15.9		-0.8
	Growth Rate (%,  Quarter-on-Quarter)
	All Types of Housing Unit										-2.7	2.4	-0.3	1.5		0.8	1.8	-1.9	8.0		-4.7	3.3	0.6	2.7		1.6	0.7	16.3	-3.3		5.0	13.8	-24.0	4.8		-0.8	3.4	3.7	-1.2		3.6	0.2	14.6	-2.4		-4.3
	Single Detached/Attached House										-19.7	9.1	-3.9	6.8		7.2	-6.2	-11.2	0.7		12.9	-4.9	-2.7	-0.6		6.5	-11.3	4.0	5.4		-0.9	51.7	-22.2	-0.9		-3.9	4.6	-8.4	4.0		-5.7	2.7	17.1	4.1		0.9
	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	-18.0		-44.2	-	-	20.5		-40.0	-	-	-		-40.5	26.4	-	-		-19.4
	Townhouse										-5.2	5.3	-13.5	16.8		-4.4	3.5	-3.5	-3.9		13.6	2.8	0.2	1.7		-2.8	-8.3	-2.8	3.1		3.3	1.4	2.9	9.7		-7.7	-7.4	34.8	-11.6		-3.5	0.1	7.9	4.1		0.6
	Condominium Unit										1.4	0.2	2.8	-1.4		0.5	2.9	0.4	10.9		-9.9	6.0	0.4	4.2		0.6	4.9	21.7	-5.8		6.4	11.8	-26.8	4.7		1.7	5.4	1.0	-0.5		8.6	-0.7	15.5	-6.9		-7.1
	AREAS OUTSIDE NATIONAL CAPITAL REGION (AONCR)
	All Types of Housing Unit		109.9	112.8	114.6	118.2	129.5	132.8	137.5		106.4	112.6	109.4	111.2		115.0	110.7	111.3	114.4		115.9	115.4	113.8	113.5		116.5	114.3	119.4	122.9		126.4	134.7	127.1	130.1		127.4	133.9	133.3	136.7		133.9	136.9	136.4	142.9		149.2
	Single Detached/Attached House		108.1	110.3	109.8	110.7	121.5	118.2	123.2		104.0	111.0	107.8	109.8		112.7	108.3	109.4	110.7		112.2	110.3	108.9	107.7		110.2	106.6	111.9	114.1		119.5	128.8	119.2	118.9		118.9	121.1	114.7	118.0		116.7	123.5	124.5	128.4		134.9
	Duplex		128.4	120.8	133.1	155.5	179.5	177.3	226.2		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	176.5		230.3	146.1	144.7	213.2		166.1	181.6	164.7	198.9		204.7	206.0	213.1	291.2		244.4
	Townhouse		116.8	124.1	142.5	163.3	183.3	235.8	233.1		120.3	118.4	115.3	113.5		117.8	124.9	118.3	136.4		136.2	144.6	143.4	145.9		155.1	159.3	164.0	175.6		169.8	180.4	183.6	200.7		186.1	229.4	268.4	269.7		255.0	228.1	214.2	237.1		248.0
	Condominium Unit		116.5	128.8	134.3	144.4	147.9	165.0	178.8		114.1	117.7	115.1	119.3		134.3	121.9	130.1	129.4		130.1	136.6	133.6	137.2		138.9	143.0	145.2	150.6		146.5	147.5	150.4	147.4		152.6	161.7	170.2	176.7		174.1	178.0	179.7	183.6		185.6
	Growth Rate (%, Year-on-Year)
	All Types of Housing Unit			2.6	1.6	3.1	9.6	2.5	3.5		1.7	9.6	6.9	6.0		8.1	-1.7	1.7	2.9		0.8	4.2	2.2	-0.8		0.5	-1.0	4.9	8.3		8.5	17.8	6.4	5.9		0.8	-0.6	4.9	5.1		5.1	2.2	2.3	4.5		11.4
	Single Detached/Attached House			2.0	-0.5	0.8	9.8	-2.7	4.2		1.6	9.5	6.9	5.7		8.4	-2.4	1.5	0.8		-0.4	1.8	-0.5	-2.7		-1.8	-3.4	2.8	5.9		8.4	20.8	6.5	4.2		-0.5	-6.0	-3.8	-0.8		-1.9	2.0	8.5	8.8		15.6
	Duplex			-5.9	10.2	16.8	15.4	-1.2	27.6		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	30.8		61.2	5.2	-13.3	20.8		-27.9	24.3	13.8	-6.7		23.2	13.4	29.4	46.4		19.4
	Townhouse			6.3	14.8	14.6	12.2	28.6	-1.1		6.1	22.2	20.4	16.3		-2.1	5.5	2.6	20.2		15.6	15.8	21.2	7.0		13.9	10.2	14.4	20.4		9.5	13.2	12.0	14.3		9.6	27.2	46.2	34.4		37.0	-0.6	-20.2	-12.1		-2.7
	Condominium Unit			10.6	4.3	7.5	2.4	11.6	8.4		1.7	5.2	0.4	8.0		17.7	3.6	13.0	8.5		-3.1	12.1	2.7	6.0		6.8	4.7	8.7	9.8		5.5	3.1	3.6	-2.1		4.2	9.6	13.2	19.9		14.1	10.1	5.6	3.9		6.6
	Growth Rate (%,  Quarter-on-Quarter)
	All Types of Housing Unit										1.4	5.8	-2.8	1.6		3.4	-3.7	0.5	2.8		1.3	-0.4	-1.4	-0.3		2.6	-1.9	4.5	2.9		2.8	6.6	-5.6	2.4		-2.1	5.1	-0.4	2.6		-2.0	2.2	-0.4	4.8		4.4
	Single Detached/Attached House										0.1	6.7	-2.9	1.9		2.6	-3.9	1.0	1.2		1.4	-1.7	-1.3	-1.1		2.3	-3.3	5.0	2.0		4.7	7.8	-7.5	-0.3		0.0	1.9	-5.3	2.9		-1.1	5.8	0.8	3.1		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	5.8		30.5	-36.6	-1.0	47.3		-22.1	9.3	-9.3	20.8		2.9	0.6	3.4	36.6		-16.1
	Townhouse										23.3	-1.6	-2.6	-1.6		3.8	6.0	-5.3	15.3		-0.1	6.2	-0.8	1.7		6.3	2.7	3.0	7.1		-3.3	6.2	1.8	9.3		-7.3	23.3	17.0	0.5		-5.5	-10.5	-6.1	10.7		4.6
	Condominium Unit										3.3	3.2	-2.2	3.6		12.6	-9.2	6.7	-0.5		0.5	5.0	-2.2	2.7		1.2	3.0	1.5	3.7		-2.7	0.7	2.0	-2.0		3.5	6.0	5.3	3.8		-1.5	2.2	1.0	2.2		1.1
	CONTRIBUTION TO YEAR-ON-YEAR GROWTH4
	PHILIPPINES
	All Types of Housing Unit			3.6	2.7	6.2	9.4	-0.8	5.6		1.6	5.9	3.9	3.4		6.7	0.2	1.8	5.5		1.8	4.5	4.5	0.5		3.2	0.8	10.4	10.4		12.6	26.6	-0.4	0.8		-4.2	-9.4	6.3	4.9		5.7	2.6	6.5	7.7		10.2
	Single Detached/Attached House			1.0	-0.1	0.3	5.2	-1.6	2.5		-0.6	5.1	3.2	2.6		5.5	-1.3	0.5	-0.2		-0.3	0.9	0.1	-0.9		-1.0	-2.1	1.3	2.9		3.7	11.2	3.7	2.3		0.1	-4.0	-2.2	-0.6		-1.3	0.5	5.7	5.7		9.1
	Duplex			0.0	0.1	0.2	0.1	0.0	0.2		0.0	0.0	0.0	-0.1		-0.1	0.0	0.0	0.1		0.2	0.0	0.3	0.0		-0.1	0.2	0.3	0.3		0.2	0.0	0.0	0.1		-0.2	0.4	0.0	-0.1		0.2	0.1	0.1	0.2		0.2
	Townhouse			0.4	1.4	1.0	1.4	3.8	0.1		0.3	1.0	0.3	0.5		0.0	0.2	0.8	1.0		1.3	1.3	1.8	1.2		1.0	0.5	0.9	1.4		0.7	1.0	1.2	3.7		1.9	2.1	6.6	4.7		5.3	0.7	-2.8	-1.3		0.4
	Condominium Unit			2.1	1.3	5.6	2.1	-0.3	3.2		2.7	1.0	1.1	1.1		1.3	1.4	1.1	4.9		0.8	2.3	2.1	0.3		3.7	2.9	9.5	6.6		8.4	12.7	-5.9	-2.4		-3.1	-4.4	3.9	2.9		3.5	2.0	4.7	2.9		0.3
	NCR
	All Types of Housing Unit			1.7	1.6	4.6	2.9	-1.2	3.6		1.2	0.7	0.1	0.2		1.5	1.3	0.7	3.5		1.2	1.6	2.8	0.7		3.2	1.9	8.1	5.9		7.3	14.7	-5.1	-1.6		-3.3	-6.4	3.7	1.6		2.7	1.7	5.4	4.8		2.0
	Single Detached/Attached House			0.1	0.0	-0.1	1.0	-0.4	0.3		-1.2	-0.5	-0.6	-0.5		0.9	0.2	-0.2	-0.6		-0.3	-0.3	0.3	0.2		-0.1	-0.4	-0.1	0.2		-0.2	2.3	1.0	0.7		0.5	-1.2	-0.5	-0.3		-0.3	-0.5	1.3	1.3		1.4
	Duplex			0.0	0.0	0.0	0.0	0.0	0.0		0.0	0.0	0.0	0.0		0.0	0.0	0.0	0.1		0.4	0.0	0.3	-0.4		-0.2	0.2	0.1	0.1		0.0	-	0.0	0.1		0.1	-	-	0.0		0.0	-	-	0.0		0.0
	Townhouse			0.0	0.4	-0.3	0.3	0.3	0.2		0.2	0.3	-0.4	0.0		0.1	0.0	0.5	-0.3		0.3	0.3	0.4	0.7		0.1	-0.3	-0.5	-0.5		-0.3	0.2	0.4	0.9		0.3	-0.2	1.3	0.1		0.3	0.7	-0.4	0.4		0.6
	Condominium Unit			1.7	1.2	5.1	2.1	-0.7	2.8		2.6	0.7	1.1	0.8		0.6	1.3	0.7	4.6		1.0	1.7	2.0	0.0		3.3	2.6	9.1	6.0		8.0	13.1	-6.0	-2.0		-3.0	-4.4	3.0	1.6		2.7	1.4	4.5	2.7		-0.1
	AONCR
	All Types of Housing Unit			1.7	1.0	2.0	5.9	1.7	2.5		1.1	6.2	4.4	3.9		5.3	-1.1	1.1	1.7		0.5	2.6	1.3	-0.5		0.3	-0.7	3.1	5.1		5.2	10.2	3.7	4.0		0.5	-0.4	3.3	3.5		3.7	1.6	1.6	3.2		8.3
	Single Detached/Attached House			1.1	-0.2	0.4	4.4	-1.2	2.1		0.9	5.3	3.7	3.2		4.7	-1.3	0.8	0.4		-0.2	0.9	-0.2	-1.2		-0.9	-1.7	1.3	2.7		3.9	9.2	3.0	1.8		-0.2	-2.9	-1.8	-0.4		-0.9	1.0	4.3	4.4		7.4
	Duplex			0.0	0.0	0.1	0.1	0.0	0.2		0.1	0.1	0.0	0.0		-0.1	0.0	0.0	0.0		0.0	0.0	0.1	0.2		0.0	0.0	0.2	0.2		0.2	0.0	0.0	0.1		-0.3	0.3	0.1	0.0		0.2	0.1	0.1	0.2		0.1
	Townhouse			0.3	1.0	1.3	1.1	3.9	-0.2		0.2	0.9	0.9	0.6		-0.1	0.2	0.2	1.6		0.9	1.0	1.4	0.5		1.0	0.9	1.4	1.8		0.8	0.8	0.8	2.6		1.7	2.4	6.0	5.8		6.1	-0.1	-2.4	-1.8		-0.5
	Condominium Unit			0.5	0.2	0.4	0.1	0.7	0.5		0.1	0.2	0.0	0.3		0.8	0.2	0.6	0.4		-0.1	0.6	0.1	0.3		0.4	0.3	0.5	0.6		0.4	0.2	0.2	-0.1		0.2	0.6	0.9	1.3		0.9	0.6	0.3	0.2		0.4
	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
	4 Totals may not add up due to rounding
	-   Not available
	Source: Bangko Sentral ng Pilipinas (BSP)