5 months Property values up in Q1 Manilatimes |Biz
HIGHER prices of townhouses and condominium units pushed residential property values up in the first quarter of the year, the Bangko Sentral ng Pilipinas (BSP) reported. The BSP over the weekend said its Residential Real Estate Price Index (RREPI) rose to 119.9 in the January to March 2019 period from 116.3 a year earlier. Prices of townhouses, condominium units grew by 9.6 percent and 10.9 percent, respectively.Advertisements
Meanwhile, prices of single detached housing units and duplex units declined by 1.7 percent and 8.0 percent, respectively. “By area, the average residential property prices increased in both NCR (National Capital ... more