Tag page - residential

A fire broke out at a residential area in Port Area, Baseco Compound, Manila Wednesday afternoon (May 26). (Photo by Ali Vicoy) According to the Bureau of Fire Protection (BFP), the blaze started at 5:45 P.M. and is currently at third alarm. The affected houses were made of light materials, BFP...

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,...