Residential property prices in the Philippines rose 4.5 percent in the first quarter of 2026, according to a report from Philstar Biz, citing data from the Bangko Sentral ng Pilipinas (BSP). The increase was led by higher prices in Metro Manila and a recovery in condominium values.
The BSP's Residential Real Estate Price Index (RREPI) showed that prices in Metro Manila outpaced the national average, driven by demand for condominium units. Condominium prices rebounded after a period of sluggish growth, contributing significantly to the overall uptick.
The rise in residential property prices signals continued strength in the Philippine housing market despite broader economic uncertainties. Analysts attribute the growth to sustained remittance inflows and low interest rates, which have supported housing demand across major urban centers.