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Apartment price index in Manila, Philippines: prime 3BR condos (PHP/ sq. m.) (2018=100)
Philippines, Manila
Source: Colliers International: Philippines
House prices Makati CBD, % change 1 yr
Nominal and inflation-adjusted ('real')
Philippines, Manila
Sources: Colliers, Bangko Sentral ng Pilipinas
Quarterly change in house prices, inflation-adjusted
Q1 | Q2 | Q3 | Q4 | |
2023 | -0.06% | 0.5% | ||
2022 | -0.45% | -1.29% | -1.5% | -0.62% |
2021 | -3.43% | -3.27% | -1.92% | -1.03% |
2020 | 5.93% | -6.59% | -6.99% | -8.63% |
2019 | 5.77% | -17.54% | 4.44% | 8.17% |
2018 | 0.92% | 1.89% | 1.05% | 5.75% |
2017 | 2.45% | 2.81% | 0.35% | 1.55% |
2016 | 2.57% | 1.62% | 1.98% | 1.18% |
2015 | 5.58% | 2.36% | 2.36% | 1.77% |
2014 | 0.73% | 0.09% | 2.41% | 1.8% |
2013 | 1.37% | 6.08% | 1.68% | 0.8% |
2012 | 5.55% | 0.19% | -0.56% | 1.74% |
2011 | -1.16% | 1.6% | 0.8% | -0.63% |
2010 | -0.92% | 0.19% | 0.75% | -0.5% |
2009 | -2.11% | -1.03% | -1.88% | -1.78% |
2008 | -0.89% | 0.85% | -1.21% | 0.6% |
2007 | 3.83% | 1.33% | 1.95% | 3.57% |
2006 | -1.82% | 1.3% | 3.92% | 1.88% |
2005 | -1.18% | -0.75% | 2.25% | 0.67% |
2004 | -1.15% | 0.88% | 0.69% | 2.29% |
2003 | -1.36% | -1.06% | -0.23% | -0.58% |
2002 | -0.61% | -0.36% | -0.84% | -1.01% |
2001 | -5.66% | -4.66% | -0.98% | -0.61% |
2000 | -3.58% | -0.92% | -1.17% | -4.77% |
1999 | -4.76% | -0.7% | -7.23% | -0.55% |
1998 | -15.99% | -3.08% | -6.97% | -1.57% |
1997 | -2.13% | -1.29% | -1.12% | -1.73% |
1996 | -1.13% | -1.19% | 4.34% | -1% |
1995 | 7.45% | 7.31% | 19.57% |
This table shows the change in house prices during a single quarter, adjusted for inflation.
Adjusting house price rises (or declines) for inflation produces a more accurate picture of the change in value of housing than the usual nominal figures cited in the newspapers.