Philippine Property Price Report 2026: 5 Positive Signals from BSP Data
- bedandgoinc
- 20 時間前
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If you are buying, selling, or investing in a Philippine condo, you have probably seen a lot of different headlines about property prices lately. Some say prices are rising. Others say the market is slowing down. It can be hard to know what to believe.
The best place to go for reliable data is the Bangko Sentral ng Pilipinas — or BSP for short. The BSP is the central bank of the Philippines, and it releases an official property price report every quarter called the Residential Property Price Index, or RPPI. This report tracks real property prices across the country using actual bank loan data — not guesses, not developer projections, not asking prices. Real numbers.
This Philippine Property Price Report 2026 breaks down the latest BSP data in simple terms. If you are a foreign buyer, a condo investor, a expat in Manila, or an owner thinking about selling — this is your quick, no-jargon look at what the numbers are actually saying right now.
Philippine Property Price Report 2026: What Is the BSP and Why Trust Its Data?
Think of the BSP the way you would think of the Bank of Japan or the US Federal Reserve. It is the government institution that manages the country's money supply, sets interest rates, and keeps an eye on the financial system.
Every quarter, the BSP publishes its Residential Property Price Index (RPPI). Here is why this matters:
It is based on actual housing loans processed by banks — not surveys or estimates.
It covers all types of residential properties — condos, houses, townhouses, and more.
It breaks the data down by area, so you can see what is happening in Metro Manila specifically.
Starting Q1 2025, the BSP upgraded the RPPI to use a more accurate method that factors in property size, location, and type — making it more reliable than ever before.
In short: if you want the most honest, official picture of the Philippine property market, this is the report to read.
5 Positive Signals from the Latest BSP Data
Here is what the BSP's Q4 2025 RPPI Report is telling us — broken down simply, one point at a time.
Condo Prices Are Still Going Up Year-on-Year
The market may feel soft right now, but condo prices in the Philippines are still higher than they were a year ago. That matters.
Nationwide condo prices rose by 3.5% year-on-year in Q4 2025.
That is up from just 1.4% in Q3 2025 — so the growth rate actually improved.
In Metro Manila specifically, condo prices grew 3.3% year-on-year, also up from 0.8% the quarter before.
What this means for you: Your condo is worth more than it was 12 months ago. And the growth rate is picking up, not slipping further.
The Market Correction Is Getting Smaller Every Quarter
Yes, prices dipped slightly quarter-on-quarter in 2025. But here is the important part — that dip is shrinking.
Prices fell just 1.3% quarter-on-quarter in Q4 2025.
That compares to a 3.8% drop in Q3 2025 — so the decline is less than half of what it was.
The Philippine Star reports that the BSP itself described this as a narrowing correction.
Think of it this way: the market hit the brakes in 2025. But the brakes are easing. The correction is not getting worse — it is getting smaller, quarter by quarter.
Metro Manila Is the Strongest Performing Area in the Country
Not all parts of the Philippines are performing the same way. And when you look at the BSP data by region, Metro Manila stands out clearly.
NCR posted 2.3% year-on-year price growth — above the national average of 1.6%.
Areas outside Metro Manila grew by just 1.0% — the lowest growth on record.
NCR condominiums make up 30.6% of the entire national RPPI weighting, making it the single biggest driver of the index.
For buyers and investors focused on Makati, BGC, or Ortigas, this is good news. The area you are most likely targeting is the one holding up best in the whole country.
Pre-Selling Demand Jumped 765% in Q1 2026
This one is striking. While the BSP tracks prices, Colliers Philippines tracks demand — and the demand picture changed dramatically in Q1 2026.
Pre-selling net take-up surged 765% year-on-year in Q1 2026.
Remaining inventory life dropped to 6.8 years — down from a peak of 13.4 years in mid-2025.
That is the lowest inventory life recorded in six quarters, meaning unsold units are being absorbed faster.
When demand picks up this sharply, it feeds directly into price stability and eventually price recovery. This is one of the clearest forward-looking signals in the current market.
Affordable and Mid-Range Condos Are Leading the Recovery
The demand surge in Q1 2026 was not random. It was driven by a specific segment of the market — and that tells us a lot about where buyers are right now.
Affordable condos (priced PHP 1.8M to PHP 3.59M) accounted for 74% of all take-up in Q1 2026.
That is up sharply from just 27% the quarter before.
Developers are offering flexible payment terms, rent-to-own options, and low reservation fees to attract buyers — and it is working.
This is typically how broader market recoveries start — demand returns first at the entry level, then moves up the price ladder over time.
So, What Does All This Mean?
The Philippine property market in 2026 is not a boom market. But it is also not a bad market — not if you read the data carefully.
Here is a quick summary of what the BSP and Colliers data is telling us:
Condo prices are still rising year-on-year — and the growth rate improved in Q4 2025.
The quarterly price correction is shrinking, not growing.
Metro Manila is outperforming the rest of the country.
Pre-selling demand in Q1 2026 bounced back dramatically.
Affordable and mid-range segments are leading the recovery right now.
This is a market that went through a correction and is now showing steady, measured signs of stabilization. For foreign buyers, expats, and condo investors in Metro Manila, that is a useful picture to have before making any decisions.
If you want help reading the market, finding the right condo in Makati or BGC, or getting advice on buying or selling, the BedandGo team is happy to help.
References
Bangko Sentral ng Pilipinas — RPPI Official PageBSP — RPPI Q4 2025 Official Report (PDF)BSP — RPPI Q2 2025 Official Report (PDF)Philippine News Agency — BSP Records Slower Increase in Property Prices Q1 2025Philippine Star — Philippines Property Price Growth Slows in Q4GMA News — PH Property Prices Climbed 1.6% in Q4 2025Business Mirror — BSP Reports 1.6% Increase in Residential Property Prices in 2025Global Property Guide — Philippines Residential Property Market Analysis 2026Colliers Philippines — Q1 2026 Residential Market ReportColliers Philippines — Q4 2025 Residential Market ReportColliers Philippines — Philippine Property Market Outlook 2026Manila Bulletin — Metro Manila Residential Market Shows Early Recovery in Q1Manila Times — Philippine Residential Condo Market Faces Challenges Amid Middle East CrisisInsiderPH — Colliers: Affordable Homes Dominate Q1 Metro Manila Condo DemandContext.ph — Affordable Housing Fuels Metro Manila Condo Recovery
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