For the first time in the reporting of the Bangko Sentral ng Pilipinas’ (BSP) Residential Real Estate Price Index (RREPI), residential property prices fell in the third quarter by 0.4 percent year-on-year due to weak demand brought on by the COVID-19 pandemic. On a quarter-on-quarter basis, RREPI...
The Bangko Sentral ng Pilipinas (BSP) said that residential property prices increased by 27.1 percent year-on-year in the second quarter, the highest growth rate recorded by its Residential Real Estate Price Index (RREPI) since it started in 2016. (Photo credit: http://www.bsp.gov.ph) The RREPI,...