Real estate prices increased at a slightly slower pace in the second quarter of the year, the Bangko Sentral ng Pilipinas (BSP) said Friday.

In a report, the BSP said the nationwide Residential Property Price Index (RPPI) rose by 7.5 percent in the second quarter from 7.6 percent in the first quarter of 2025.

Residential property prices in Areas Outside the National Capital Region (AONCR) led the overall increase, posting an 11.5 percent growth.

Housing prices in the National Capital Region grew by 2.4 percent.

By house type, the BSP said price movements were mixed.

House prices which include single-attached or detached units, apartments, townhouses, and duplexes, went up by 13.1 percent, offsetting the marginal 0.2 percent decline in condominium unit prices.

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. 

RTVM PHOTO