Philippines House Price Index / Quarterly (National)
Philippines, Manila
Source: Bangko Sentral ng Pilipinas
House prices in Philippines, % change 1 yr
Nominal and inflation-adjusted ('real')
Philippines, Manila
Source: Bangko Sentral ng Pilipinas
Quarterly change in house prices, inflation-adjusted
| Q1 | Q2 | Q3 | Q4 | |
| 2025 | 2.53% | 4.66% | ||
| 2024 | 3.47% | 4.26% | 0.94% | -2.04% |
| 2023 | -0.80% | 3.79% | -0.49% | -3.08% |
| 2022 | 1.35% | 1.27% | 3.09% | -1.23% |
| 2021 | -0.32% | 2.82% | -0.07% | 0.74% |
| 2020 | 0.31% | 4.16% | -2.13% | -1.60% |
| 2019 | 3.35% | 0.00% | 1.70% |
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.
Yearly change in house prices, nominal and inflation-adjusted
| Year | Inflation Adjusted | Nominal Change |
| 2024 | 6.68% | 9.77% |
| 2023 | -0.70% | 3.21% |
| 2022 | 4.52% | 12.93% |
| 2021 | 3.19% | 6.36% |
| 2020 | 0.61% | 3.91% |
This table shows how house prices have changed over each year. It compares the latest quarter or month of a given year with the same period the year before, so you can quickly see whether prices went up or down over that year.
