Philippines House Prices Growth

2015 - 2024 | Quarterly | % | CEIC Data

Key information about House Prices Growth

  • Philippines house prices grew 2.7% YoY in Jun 2024, following an increase of 6.1% YoY in the previous quarter.
  • YoY growth data is updated quarterly, available from Mar 2015 to Jun 2024, with an average growth rate of 4.7%.
  • House price data reached an all-time high of 26.6% in Jun 2020 and a record low of -9.4% in Jun 2021.

Bangko Sentral ng Pilipinas calculates House Price Growth from Residential Real Estate Price Index with base Q1 2014=100.

View Philippines's House Prices Growth from Mar 2015 to Jun 2024 in the chart:

Philippines House Prices Growth

What was Philippines's House Prices Growth in Jun 2024?

Philippines house prices grew 2.7% YoY in Jun 2024, following an increase of 6.1% YoY in the previous quarter. See the table below for more data.

Last Previous Min Max Unit Frequency Range
2.7 Jun 2024 6.1 Mar 2024 -9.4 Jun 2021 26.6 Jun 2020 % quarterly Mar 2015 - Jun 2024

House Prices Growth by Country Comparison

country/region Last Frequency Range
Australia (%) 6.4 Jun 2024 quarterly Sep 2004 - Jun 2024
Austria (%) -3.2 Jun 2024 quarterly Sep 1987 - Jun 2024
Belarus (%) -2.5 Dec 2021 quarterly Mar 2010 - Dec 2021
Belgium (%) 1.8 Jun 2024 quarterly Mar 1974 - Jun 2024
Bosnia and Herzegovina (%) 17.0 2022 yearly 2009 - 2022
Brazil (%) 7.2 Sep 2024 monthly Jan 2009 - Sep 2024
Brunei (%) -0.8 Jun 2024 quarterly Mar 2016 - Jun 2024
Bulgaria (%) 15.1 Jun 2024 quarterly Mar 2006 - Jun 2024
Canada (%) 0.0 Aug 2024 monthly Jan 1982 - Aug 2024
Chile (%) -0.7 Jun 2024 monthly Jan 2004 - Jun 2024
China (%) -6.3 Jun 2024 monthly Mar 1999 - Jun 2024
Colombia (%) 10.9 Jun 2024 quarterly Mar 1998 - Jun 2024
Croatia (%) 1.8 Dec 2023 semiannually Jun 1996 - Dec 2023
Cyprus (%) 7.8 Mar 2024 quarterly Mar 2007 - Mar 2024
Czech Republic (%) 1.0 Mar 2023 quarterly Mar 2006 - Mar 2023
Denmark (%) 12.3 Jan 2022 monthly Jan 2007 - Jan 2022
Estonia (%) 3.4 Sep 2024 quarterly Sep 2004 - Sep 2024
European Union (%) 2.9 Jun 2024 quarterly Mar 2006 - Jun 2024
Finland (%) 2.0 Dec 2017 quarterly Mar 2011 - Dec 2017
France (%) -4.6 Jun 2024 quarterly Mar 2001 - Jun 2024
Georgia (%) 7.8 Jun 2021 monthly May 2016 - Jun 2021
Germany (%) -2.6 Jun 2024 quarterly Mar 2001 - Jun 2024
Greece (%) 9.0 Jun 2024 quarterly Mar 2000 - Jun 2024
Hong Kong SAR, China (%) -13.3 Aug 2024 monthly Jan 1994 - Aug 2024
Hungary (%) 9.8 Jun 2024 quarterly Mar 2008 - Jun 2024
Iceland (%) 11.9 Sep 2024 monthly Mar 2001 - Sep 2024
India (%) 6.2 Jun 2024 quarterly Mar 2011 - Jun 2024
Indonesia (%) 1.8 Jun 2024 quarterly Mar 2003 - Jun 2024
Ireland (%) 10.1 Aug 2024 monthly Jan 2006 - Aug 2024
Israel (%) 6.3 Jul 2024 monthly Jan 1995 - Jul 2024
Italy (%) 2.9 Jun 2024 quarterly Mar 2011 - Jun 2024
Japan (%) 2.4 Jun 2024 monthly Apr 2009 - Jun 2024
Kazakhstan (%) 5.2 Sep 2024 monthly Nov 2013 - Sep 2024
South Korea (%) -0.2 Sep 2024 monthly Jan 1987 - Sep 2024
Latvia (%) 17.3 Mar 2022 quarterly Mar 2007 - Mar 2022
Lithuania (%) 13.1 Mar 2023 quarterly Mar 2007 - Mar 2023
Luxembourg (%) -8.3 Jun 2024 quarterly Mar 2008 - Jun 2024
North Macedonia (%) 4.7 Mar 2024 quarterly Mar 2001 - Mar 2024
Malaysia (%) 0.9 Jun 2024 quarterly Mar 2000 - Jun 2024
Malta (%) 3.4 Jun 2024 quarterly Mar 2001 - Jun 2024
Mexico (%) 9.4 Jun 2024 quarterly Mar 2006 - Jun 2024
Mongolia (%) 12.3 Sep 2024 quarterly Mar 2023 - Sep 2024
Montenegro (%) 30.9 Mar 2024 quarterly Mar 2012 - Mar 2024
Morocco (%) -0.4 Jun 2024 quarterly Mar 2007 - Jun 2024
Netherlands (%) 11.2 Aug 2024 monthly Jan 1996 - Aug 2024
New Zealand (%) 1.6 Jun 2024 quarterly Dec 1990 - Jun 2024
Norway (%) 3.3 Sep 2024 quarterly Mar 1993 - Sep 2024
Palestinian Territory (%) -0.6 Sep 2024 quarterly Mar 2019 - Sep 2024
Peru (%) 7.0 Dec 2021 quarterly Dec 2008 - Dec 2021
Philippines (%) 2.7 Jun 2024 quarterly Mar 2015 - Jun 2024
Poland (%) 19.2 Jun 2024 quarterly Dec 2006 - Jun 2024
Portugal (%) 7.8 Jun 2024 quarterly Mar 2010 - Jun 2024
Romania (%) 7.0 Sep 2022 quarterly Mar 2010 - Sep 2022
Russia (%) 11.8 Dec 2022 quarterly Mar 2006 - Dec 2022
Serbia (%) -5.0 Dec 2023 semiannually Jun 1995 - Dec 2023
Singapore (%) 4.0 Sep 2024 quarterly Mar 1976 - Sep 2024
Slovakia (%) -1.3 Jun 2024 quarterly Mar 2006 - Jun 2024
Slovenia (%) 6.7 Jun 2024 quarterly Mar 2008 - Jun 2024
South Africa (%) 7.3 Nov 2016 monthly Jan 1967 - Nov 2016
Spain (%) 3.6 Sep 2024 monthly Jan 2002 - Sep 2024
Sweden (%) -0.1 Jun 2024 quarterly Mar 1987 - Jun 2024
Switzerland (%) 0.5 Jun 2024 quarterly Mar 1971 - Jun 2024
Taiwan (%) 11.9 Jun 2024 quarterly Mar 2002 - Jun 2024
Thailand (%) 8.5 Sep 2021 monthly Mar 2009 - Sep 2021
Turkey (%) 27.4 Sep 2024 monthly Jan 2011 - Sep 2024
Ukraine (%) 8.7 Jun 2024 quarterly Mar 2017 - Jun 2024
United Kingdom (%) 3.2 Sep 2024 monthly Jan 1992 - Sep 2024
United States (%) 6.1 Jun 2024 quarterly Mar 1992 - Jun 2024

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Philippines Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -6.2 Jun 2024 quarterly Dec 1985 - Jun 2024
Consolidated Fiscal Balance (USD mn) -947.765 Aug 2024 monthly Jan 1985 - Aug 2024
Tax Revenue (USD mn) 5,598.766 Aug 2024 monthly Jan 1985 - Aug 2024
Tax Revenue: % of GDP (%) 15.6 Jun 2024 quarterly Mar 1985 - Jun 2024
National Government Debt (USD mn) 276,256.5 Aug 2024 monthly Jan 1993 - Aug 2024
Government Debt: % of GDP (%) 60.9 Jun 2024 quarterly Mar 1993 - Jun 2024
Forecast: Government Expenditure (PHP bn) 9,083.350 2028 yearly 1989 - 2028
Forecast: Government Net Debt (PHP bn) 19,652.200 2028 yearly 1993 - 2028
Forecast: Government Revenue (PHP bn) 8,212.060 2028 yearly 1989 - 2028
Govt Debt: Domestic and Foreign: Outstanding: Short Term (PHP mn) 706,609.000 Aug 2024 monthly Jan 2006 - Aug 2024
Govt Debt: Domestic and Foreign: Outstanding: Long Term (PHP mn) 12,386,572.746 Aug 2024 monthly Jan 2006 - Aug 2024
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 5.556 2028 yearly 1980 - 2028
Trade Balance (USD mn) -4,375.4 Aug 2024 monthly Jan 1957 - Aug 2024
Total Exports (USD mn) 6,748.4 Aug 2024 monthly Jan 1979 - Aug 2024
Total Exports Growth (%) 0.3 Aug 2024 monthly Jan 1980 - Aug 2024
Aluminum: Exports (USD th) 172,934.333 2023 yearly 1995 - 2023
Exports: Medicament (USD th) 61,685.472 2022 yearly 1995 - 2022
Exports: Medicinal and Pharmaceutical Product (USD th) 11,340.083 2022 yearly 1995 - 2022
Total Imports (USD mn) 11,123.8 Aug 2024 monthly Jan 1979 - Aug 2024
Total Imports Growth (%) 2.7 Aug 2024 monthly Jan 1980 - Aug 2024
Imports: Medicament (USD th) 1,570,518.510 2022 yearly 1995 - 2022
Imports: Medicinal and Pharmaceutical Product (USD th) 1,269,332.939 2022 yearly 1995 - 2022
Total Exports to USA (USD mn) 1,221.858 Aug 2024 monthly Jan 1978 - Aug 2024
Total Imports from USA (USD mn) 707.332 Aug 2024 monthly Jan 1986 - Aug 2024
Total Exports to China (USD mn) 849.385 Aug 2024 monthly Jan 1984 - Aug 2024
Total Imports from China (USD mn) 2,787.680 Aug 2024 monthly Jan 1986 - Aug 2024
Imports: Metalliferous Ores and Metal Scrap (USD mn) 83.443 Dec 2018 monthly Jan 2006 - Dec 2018
Imports: Iron and Steel (USD mn) 382.669 Dec 2018 monthly Jan 2006 - Dec 2018
Imports: Medicinal and Pharmaceutical Products (USD mn) 108.103 Dec 2018 monthly Jan 2006 - Dec 2018
Export Value Index (2015=100) 126.842 2021 yearly 1980 - 2021
Import Value Index (2015=100) 166.404 2021 yearly 1980 - 2021
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 243.5 Mar 2024 monthly Jan 2005 - Mar 2024
Current Account Balance (USD mn) -368.4 Mar 2024 monthly Jan 1999 - Mar 2024
Current Account Balance: % of GDP (%) -4.3 Mar 2023 quarterly Mar 1981 - Mar 2023
Foreign Direct Investment (USD mn) 820.5 Jul 2024 monthly Jan 2005 - Jul 2024
Foreign Direct Investment: % of GDP (%) 1.3 Jun 2024 quarterly Mar 2005 - Jun 2024
Foreign Portfolio Investment (USD mn) 2,742.116 Mar 2024 quarterly Mar 2005 - Mar 2024
Foreign Portfolio Investment: % of GDP (%) 2.5 Mar 2024 quarterly Dec 1980 - Mar 2024
Foreign Portfolio Investment: Equity Securities (USD mn) 1,013.6 Mar 2024 quarterly Mar 1996 - Mar 2024
Foreign Portfolio Investment: Debt Securities (USD mn) 1,728.469 Mar 2024 quarterly Mar 1977 - Mar 2024
External Debt (USD mn) 130,182.1 Jun 2024 quarterly Mar 2005 - Jun 2024
External Debt: % of GDP (%) 28.7 2023 yearly 1990 - 2023
External Debt: Short Term (USD mn) 17,352.9 Mar 2023 quarterly Mar 2005 - Mar 2023
External Debt: Short Term: % of GDP (%) 3.9 2023 yearly 2005 - 2023
Forecast: Current Account Balance (USD bn) -6.381 2029 yearly 1980 - 2029
Net International Investment Position (USD mn) -55,223.853 Jun 2024 quarterly Dec 2012 - Jun 2024
BoP: Change in Reserve Assets: Debit (USD mn) 1,190.104 Mar 2024 monthly Jan 2005 - Mar 2024
BoP: CA: Services: Credit: Export (USD mn) 4,308.895 Mar 2024 monthly Jan 2005 - Mar 2024
BoP: FA: Financial Derivatives (FD) (USD mn) -13.733 Mar 2024 monthly Jan 2005 - Mar 2024
BoP: FA: OI: Net Acquisition of Financial Assets (USD mn) 109.462 Mar 2024 monthly Jan 2005 - Mar 2024
BoP: FA: DI: Net Acquisition of Financial Assets (USD mn) 243.491 Mar 2024 monthly Jan 2005 - Mar 2024
BoP: FA: DI: Net Incurrence of Liabilities (USD mn) 820.455 Jul 2024 monthly Jan 2005 - Jul 2024
BoP: FA: PI: Net Acquisition of Financial Assets (USD mn) 1,741.932 Mar 2024 monthly Jan 2005 - Mar 2024
BoP: CA: Primary Income (USD mn) 168.889 Mar 2024 monthly Jan 2005 - Mar 2024
BoP: FA: Net Incurrence of Liabilities (USD mn) 4,419.031 Mar 2024 monthly Jan 2005 - Mar 2024
BoP: CA: Credit: Receipts (USD mn) 6.570 Mar 2024 monthly Jan 2005 - Mar 2024
BoP: CA: Secondary Income: Debit: Payments (USD mn) 72.295 Mar 2024 monthly Jan 2005 - Mar 2024
BoP: FA: FD: Net Acquisition of Financial Assets (USD mn) -65.016 Mar 2024 monthly Jan 2005 - Mar 2024
BoP: Financial Account (FA) (USD mn) -2,389.162 Mar 2024 monthly Jan 2005 - Mar 2024
BoP: CA: Goods: Credit: Export (USD mn) 4,794.078 Mar 2024 monthly Jan 2005 - Mar 2024
BoP: CA: Goods (USD mn) -4,431.392 Mar 2024 monthly Jan 2005 - Mar 2024
BoP: CA: Secondary Income (USD mn) 2,510.476 Mar 2024 monthly Jan 2005 - Mar 2024
BoP: CA: Services: Debit: Import (USD mn) 2,925.244 Mar 2024 monthly Jan 2005 - Mar 2024
BoP: CA: Goods: Debit: Import (USD mn) 9,225.470 Mar 2024 monthly Jan 2005 - Mar 2024
BoP: Capital Account (CA) (USD mn) 5.645 Mar 2024 monthly Jan 2005 - Mar 2024
BoP: CA: Debit: Payments (USD mn) 0.925 Mar 2024 monthly Jan 2005 - Mar 2024
BoP: FA: OI: Net Incurrence of Liabilities (USD mn) 1,922.951 Mar 2024 monthly Jan 2005 - Mar 2024
BoP: FA: Net Acquisition of Financial Assets (USD mn) 2,029.869 Mar 2024 monthly Jan 2005 - Mar 2024
BoP: FA: FD: Net Incurrence of Liabilities (USD mn) -51.282 Mar 2024 monthly Jan 2005 - Mar 2024
BoP: CA: Import (USD mn) 13,531.426 Mar 2024 monthly Jan 2005 - Mar 2024
BoP: CA: Services (USD mn) 1,383.651 Mar 2024 monthly Jan 2005 - Mar 2024
BoP: CA: Export (USD mn) 13,163.050 Mar 2024 monthly Jan 2005 - Mar 2024
BoP: FA: Portfolio Investment (PI) (USD mn) -119.678 Mar 2024 monthly Jan 2005 - Mar 2024
BoP: FA: PI: Net Incurrence of Liabilities (USD mn) 1,861.610 Mar 2024 monthly Jan 2005 - Mar 2024
BoP: CA: Secondary Income: Credit: Receipts (USD mn) 2,582.771 Mar 2024 monthly Jan 2005 - Mar 2024
BoP: FA: Direct Investment (DI) (USD mn) -442.262 Mar 2024 monthly Jan 2005 - Mar 2024
BoP: Current Account (CA) (USD mn) -368.376 Mar 2024 monthly Jan 2005 - Mar 2024
BoP: CA: Primary Income: Credit: Receipts (USD mn) 1,477.307 Mar 2024 monthly Jan 2005 - Mar 2024
BoP: FA: Other Investments (OI) (USD mn) -1,813.489 Mar 2024 monthly Jan 2005 - Mar 2024
BoP: CA: Primary Income: Debit: Payments (USD mn) 1,308.419 Mar 2024 monthly Jan 2005 - Mar 2024
External Debt: Medium and Long Term (USD mn) 112,285.213 Jun 2024 quarterly Mar 2005 - Jun 2024
External Debt: By Country Profile: Country: USA (USD mn) 3,057.389 Jun 2024 quarterly Mar 2005 - Jun 2024
External Debt: By Country Profile: Country: Japan (USD mn) 14,245.785 Jun 2024 quarterly Mar 2005 - Jun 2024
External Debt: By Country Profile: Country: UK (USD mn) 4,168.759 Jun 2024 quarterly Mar 2005 - Jun 2024
External Debt: By Country Profile: Country: France (USD mn) 1,201.744 Jun 2024 quarterly Mar 2005 - Jun 2024
External Debt: By Country Profile: Country: Germany (USD mn) 1,503.182 Jun 2024 quarterly Mar 2005 - Jun 2024
FDI: Approved: Information & Communication (PHP mn) 150.278 Mar 2024 quarterly Mar 2010 - Mar 2024
FDI: Approved: Real Estate Activities (PHP mn) 2,205.659 Mar 2024 quarterly Mar 2010 - Mar 2024
FDI: Approved: Manufacturing (PHP mn) 12,620.963 Mar 2024 quarterly Mar 2010 - Mar 2024
FDI: Approved: Transportation & Storage (PHP mn) 55.215 Mar 2024 quarterly Mar 2010 - Mar 2024
FDI: Approved: Administrative & Support Services (PHP mn) 2,494.846 Mar 2024 quarterly Mar 2010 - Mar 2024
Business Closure (BC): All Industries (Unit) 3,294.000 2017 yearly 1995 - 2017
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 3.6 Aug 2024 monthly Mar 2008 - Aug 2024
Household Debt: % of GDP (%) 11.0 Jun 2024 quarterly Mar 2009 - Jun 2024
Non-Performing Loans (USD mn) 8,534.681 Jun 2024 quarterly Mar 2008 - Jun 2024
Money Supply M1 (USD mn) 116,877.511 Jul 2024 monthly Dec 1988 - Jul 2024
Money Supply M2 (USD mn) 291,225.599 Jul 2024 monthly Dec 1988 - Jul 2024
M2 Growth (%) 7.8 Jul 2024 monthly Dec 1989 - Jul 2024
Reserve Requirement Ratio (%) 9.5 Sep 2024 monthly May 1986 - Sep 2024
Foreign Exchange Reserves (USD mn) 97,240.9 Sep 2024 monthly Jan 1960 - Sep 2024
Foreign Exchange Reserves: Months of Import (NA) 8.4 Aug 2024 monthly Jan 1979 - Aug 2024
Gold Reserves (USD mn) 10,859.616 Sep 2024 monthly Dec 1956 - Sep 2024
Total Deposits (USD mn) 331,547.392 Jun 2024 quarterly Mar 2008 - Jun 2024
Total Deposits Growth (%) 9.5 Jun 2024 quarterly Mar 2009 - Jun 2024
Domestic Credit (USD mn) 326,023.2 Jul 2024 monthly Dec 2001 - Jul 2024
Domestic Credit Growth (%) 11.3 Jul 2024 monthly Dec 2002 - Jul 2024
Household Debt (USD mn) 47,678.1 Jun 2024 quarterly Mar 2009 - Jun 2024
Total Loans (USD mn) 237,770.682 Aug 2024 monthly Mar 2008 - Aug 2024
Total Loans Growth (%) 11.11 Aug 2024 monthly Mar 2009 - Aug 2024
Private Debt: % of Nominal GDP (%) 47.99 Jun 2024 quarterly Dec 2001 - Jun 2024
DCS: LA: M4: M3 (PHP mn) 17,488,056.958 Jul 2024 monthly Dec 2001 - Jul 2024
DCS: LA: M4: M3: M2 (PHP mn) 17,078,925.278 Jul 2024 monthly Dec 2001 - Jul 2024
DCS: LA: M4: M3: M2: M1 (PHP mn) 6,854,281.632 Jul 2024 monthly Dec 2001 - Jul 2024
DCS: Domestic Claims (DC) (PHP mn) 19,119,632.662 Jul 2024 monthly Dec 2001 - Jul 2024
ORA: Other Reserve Assets (USD mn) 1,552.07 Jun 2018 monthly Apr 2000 - Jun 2018
Reserve Requirement Ratio: Commercial Banks: Local Currency Deposits (%) 9.500 Sep 2024 monthly May 1986 - Sep 2024
Consumer Loans (CL): Philippine Banking System (PBS) (PHP bn) 2,806.717 Jun 2024 quarterly Mar 2009 - Jun 2024
CL: PBS: Real Estate: Residential (PHP bn) 1,038.657 Jun 2024 quarterly Mar 2009 - Jun 2024
Business and Economic Survey Last Frequency Range
Global Competitiveness Index (Score) 61.869 2019 yearly 2017 - 2019
Business Confidence Growth (% Point) 4.1 Sep 2024 quarterly Jun 2002 - Sep 2024
Business Outlook: Index: Industry: Current Quarter (Point) 25.986 Sep 2024 quarterly Jun 2001 - Sep 2024
Business Outlook: Index: Services: Current Quarter (Point) 36.706 Sep 2024 quarterly Jun 2001 - Sep 2024
PH: Ease of Doing Business Rank: 1=Most Business-friendly Regulations (NA) 95.000 2019 yearly 2019 - 2019

More Indicators for Philippines

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