Philstar
Housing prices post weakest growth in Q3
Residential property price growth in the Philippines slowed significantly in the third quarter of 2025, reaching a record low of 1.9 percent year-on-year according to the Bangko Sentral ng Pilipinas (BSP).
This marks a steep decline from the 7.5 percent growth recorded in the previous quarter, indicating a broad-based cooling of price gains across the nation.
On a quarter-on-quarter basis, prices fell by 3.8 percent, the largest such decline since the Residential Property Price Index (RPPI) series began in the first quarter of 2019.
Prices in the National Capital Region (NCR) rose by 2.3 percent year-on-year but saw a 0.8 percent quarter-on-quarter decline.
Outside the NCR, year-on-year growth slowed to 1.6 percent, a sharp drop from the previous quarter's expansion, with quarter-on-quarter prices falling by 5.9 percent, the largest decline in these areas since the second quarter of 2019.
The BSP monitors these trends to assess the stability of the real estate and credit markets.
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