NATIONWIDE residential property prices in the second quarter of 2026 saw the slowest growth pace since the start of the Residential Property Price Index (RPPI) series in the first quarter of 2019, according to the Bangko Sentral ng Pilipinas (BSP) showed.
Based on the central bank’s RPPI report for Second Quarter of 2026, prices of residential property grew by only 0.4 percent in the April to June 2026 period.
Sustained price growth in the National Capital Region (NCR) was largely offset by the first year-on-year decline in Areas Outside the NCR (AONCR), the report noted.
Data showed that while residential property prices in NCR grew by 5.2 percent year-on-year in the second quarter of 2026, prices in areas outside NCR contracted by 2.7 percent.
On a quarter-on-quarter basis, price growth was also ‘subdued,’ as residential property prices in NCR dipped by 2 percent compared to the prices in the first quarter of this year.
Prices in AONCR in the second quarter, meanwhile, inched up by 1.6 percent compared to the previous quarter.