The average cost per square meter of residential-type construction in the Philippines decreased to 10409 PHP/SQ. METRE in the second quarter of 2021 from 11891 PHP/SQ. METRE in the first quarter of 2021. source: National Statistics Office of Philippines
Housing Index in Philippines averaged 8525.86 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 September of 2021.
Housing Index in Philippines is expected to be 11900.00 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 2022, according to our econometric models.