Manila: Residential property prices in the Philippines rose by 1.6 percent in the fourth quarter of 2025, slower than the 1.9 percent seen in the third quarter, the Bangko Sentral ng Pilipinas (BSP) said. In a report released Friday, the BSP noted that the Residential Property Price Index (RPPI) during the period was also the slowest pace of increase recorded since the first quarter of 2019.

According to Philippines News Agency, residential property prices in the National Capital Region (NCR) recorded the fastest increase, posting a 2.3 percent growth. In contrast, areas outside NCR increased by 1 percent, marking the lowest growth on record. The BSP report indicated a divergence in price trends by housing type. House prices, which include single-attached or detached units, apartments, townhouses, and duplexes, went up by 0.1 percent, the smallest increase since the first quarter of 2019. Condominium prices rose at a faster pace of 3.5 percent, compared to 1.4 percent during the third quarter.

The RPPI is a measure of the average change in the prices of various types of housing units over time, calculated from banks' data on actual housing loans. It is among the key indicators that the BSP monitors in assessing the country's real estate and credit market conditions.