RESIDENTIAL REAL ESTATE PRICE INDEX1                                                                                                        
         for periods indicated                                                                                                        
         (Q1 2014 = 100)                                                                                                        
    Annual 2016     2017     2018     2019     2020  
      2016   2017   2018   2019     Q1   Q2   Q3   Q4     Q1   Q2   Q3   Q4     Q1   Q2   Q3   Q4     Q1   Q2   Q3   Q4     Q1   Q2   Q3  
   
PHILIPPINES r  
All Types of Housing Unit2 112.4 116.4 119.6 127.0 109.4 114.3 112.2 113.8 116.7 114.5 114.2 120.1 118.8 119.7 119.3 120.7 122.6 120.7 131.7 133.3 138.0 152.8 131.2  
  Single Detached/Attached House 105.2 107.0 106.8 107.4 101.0 108.0 104.7 107.1 110.2 105.7 105.6 106.7 109.6 107.3 105.8 104.7 107.5 103.3 108.3 110.8 115.4 127.5 116.3  
  Duplex3 98.9 96.2 110.4 130.4 114.7 98.6 96.7 87.5 91.2 103.6 88.4 102.6 131.5 99.0 115.5 98.8 121.0 111.4 144.2 148.6 167.3 112.3 131.5  
  Townhouse 108.6 113.7 130.0 139.7 109.8 111.8 102.8 110.2 110.1 115.4 110.2 119.2 125.2 131.3 130.6 132.9 137.4 137.0 138.5 146.2 145.1 151.8 155.1  
  Condominium Unit 126.9 135.2 140.4 164.1 125.3 126.1 128.6 127.7 130.5 131.6 133.3 145.8 133.3 141.0 141.0 146.8 147.8 154.5 182.1 174.6 182.7 201.0 154.7  
Growth Rate (%, Year-on-Year)  
All Types of Housing Unit 3.6 2.7 6.2 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  
  Single Detached/Attached House 1.7 -0.2 0.6 -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  
  Duplex -2.7 14.8 18.1 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  
  Townhouse 4.7 14.3 7.5 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  
  Condominium Unit 6.5 3.8 16.9 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  
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  
  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  
  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  
  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  
  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  
                                                                                                           
                                                                                                           
NATIONAL CAPITAL REGION (NCR) r  
All Types of Housing Unit 117.0 122.6 127.4 143.5 114.8 117.5 117.1 118.8 119.8 121.9 119.6 129.2 123.1 127.2 128.0 131.4 133.5 134.5 156.4 151.2 158.7 180.6 137.3  
  Single Detached/Attached House 81.0 82.1 82.0 80.0 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  
  Duplex 77.9 98.8 122.7 131.4 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  
  Townhouse 103.6 104.7 117.4 108.4 103.1 108.6 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  
  Condominium Unit 128.1 135.8 141.2 167.9 126.6 126.9 130.4 128.6 129.3 133.1 133.6 148.1 133.5 141.5 142.1 148.1 149.0 156.3 190.2 179.2 190.7 213.2 156.1  
Growth Rate (%, Year-on-Year)  
All Types of Housing Unit 4.8 3.9 12.6 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  
  Single Detached/Attached House 1.4 -0.1 -2.4 -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  
  Duplex 26.8 24.2 7.1 -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  
  Townhouse 1.1 12.1 -7.7 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  
  Condominium Unit 6.0 4.0 18.9 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  
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  
  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  
  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 - -  
  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  
  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  
                                                                                                           
   
AREAS OUTSIDE NATIONAL CAPITAL REGION (AONCR) r  
All Types of Housing Unit 109.9 112.8 114.6 118.2 106.4 112.6 109.4 111.2 115.0 110.7 111.3 114.4 115.9 115.4 113.8 113.5 116.5 114.3 119.4 122.9 126.4 134.7 127.1  
  Single Detached/Attached House 108.1 110.3 109.8 110.7 104.0 111.0 107.8 109.8 112.7 108.3 109.4 110.7 112.2 110.3 108.9 107.7 110.2 106.6 111.9 114.1 119.5 128.8 119.2  
  Duplex 128.4 120.8 133.1 155.5 161.9 125.8 122.1 109.4 125.0 134.9 115.2 109.7 132.6 137.8 127.5 134.9 142.9 138.9 166.9 176.5 230.3 146.1 144.7  
  Townhouse 116.8 124.1 142.5 163.3 120.3 118.4 115.3 113.5 117.8 124.9 118.3 136.4 136.2 144.6 143.4 145.9 155.1 159.3 164.0 175.6 169.8 180.4 183.6  
  Condominium Unit 116.5 128.8 134.3 144.4 114.1 117.7 115.1 119.3 134.3 121.9 130.1 129.4 130.1 136.6 133.6 137.2 138.9 143.0 145.2 150.6 146.5 147.5 150.4  
Growth Rate (%, Year-on-Year)  
All Types of Housing Unit 2.6 1.6 3.1 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  
  Single Detached/Attached House 2.0 -0.5 0.8 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  
  Duplex -5.9 10.2 16.8 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  
  Townhouse 6.3 14.8 14.6 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  
  Condominium Unit 10.6 4.3 7.5 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  
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  
  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  
  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  
  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  
  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  
                                                                                                           
   
CONTRIBUTION TO YEAR-ON-YEAR GROWTH4, r  
PHILIPPINES  
All Types of Housing Unit 3.6 2.7 6.2 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  
  Single Detached/Attached House 1.0 -0.1 0.3 -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  
  Duplex 0.0 0.1 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  
  Townhouse 0.4 1.4 1.0 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  
  Condominium Unit 2.1 1.3 5.6 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  
NCR  
All Types of Housing Unit 1.7 1.6 4.6 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  
  Single Detached/Attached House 0.1 0.0 -0.1 -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  
  Duplex 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 0.0  
  Townhouse 0.0 0.4 -0.3 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  
  Condominium Unit 1.7 1.2 5.1 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  
AONCR  
All Types of Housing Unit 1.7 1.0 2.0 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  
  Single Detached/Attached House 1.1 -0.2 0.4 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  
  Duplex 0.0 0.0 0.1 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  
  Townhouse 0.3 1.0 1.3 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  
  Condominium Unit 0.5 0.2 0.4 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  
                                                                                                           
                                                                                                           
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
r   Revised
Note: The annual RREPI level is the geometric mean of the quarterly RREPI levels, i.e., the poduct of the quarterly RREPI levels raised to 1/4, for a given year.
   
Source: Bangko Sentral ng Pilipinas (BSP)