Year-on-year, prices of townhouses and condominium units grew faster at 7.3 percent and 3.6 percent compared to the previous quarter, respectively. On the other hand, prices of single detached housing units grew at a slower rate of 0.8 percent. The average residential property prices in both the National Capital Region (NCR) and areas outside NCR also increased by 2.2 percent and 1.8 percent compared to year-ago prices, respectively. In NCR, the higher growth in prices of townhouses and condominium units offset the decline in prices of single detached houses and duplexes. Meanwhile, prices of single detached houses, townhouses, and condominium units rose, while that of duplexes declined in areas outside NCR.

Source: Philippine Star December 31, 2017 16:07 UTC