Average cost per square meter of residential-type construction in the Philippines increased to 10898 PHP/SQ. METRE in the third quarter of 2021 from 10828 PHP/SQ. METRE in the second quarter of 2021. source: Philippine Statistics Authority
Housing Index in Philippines averaged 8565.33 PHP/SQ. METRE from 2002 until 2021, reaching an all time high of 12682 PHP/SQ. METRE in the first quarter of 2018 and a record low of 4889 PHP/SQ. METRE in the fourth quarter of 2002. This page provides - Philippines Housing Sales - actual values, historical data, forecast, chart, statistics, economic calendar and news. Philippines Average Construction Cost - values, historical data and charts - was last updated on June of 2022.
Housing Index in Philippines is expected to be 12100.00 PHP/SQ. METRE by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Philippines Average Construction Cost is projected to trend around 13000.00 PHP/SQ. METRE in 2023, according to our econometric models.