[theold]

The Bangko Sentral ng Pilipinas (BSP) said the Residential Real Estate Price Index (RREPI) rose 6.5% year on year in the third quarter. This is faster than the 2.6% growth in the second quarter, and the 6.3% expansion in July to September period in 2021.

On a quarterly basis, nationwide home prices rose 4.6%

https://flic.kr/p/2o8se1c

Condominium unit prices jumped 19.2% in the July to September period, faster than the 8.6% in the previous quarter and 13.6% seen a year ago.

Prices of single-detached/attached houses rose 9.8%, versus the 0.8% growth in the previous quarter and reversing the 4.2% decline a year ago.

Joey Roi Bondoc, associate director and head of research at Colliers Philippines, said that the demand for condominium units is mainly seen in Metro Manila.

“In fact, for the first nine months of 2022, about 15,000 condominium units were already sold in the pre-selling market in Metro Manila, already higher than the 13,000 units sold for the entire 2021,” he said.


https://www.bworldonline.com/top-stories...ump-in-q3/

[Rubitin]

https://youtu.be/z-ikPVWaSHM

[limpeh394]

soon cannot find pinay maid

[theold]

During the pandemic, their housing market crashed. Now, it is on the up trend again.

Here, our market did not crash but went up.

South Korea, China and Japan property markets go down recently.

[watchfirst9]

Their currency decline as much...