Residential Property Prices for Makati, Philippines
QPHN628BIS • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
292.78
Year-over-Year Change
27.23%
Date Range
1/1/2008 - 1/1/2025
Summary
The Residential Property Prices for Makati, Philippines is a key indicator of real estate market conditions in the Makati business district, one of the most important commercial centers in the Philippines.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This index measures the price changes of residential properties in Makati, a key business and financial hub in the Philippines. It is used by policymakers, developers, and investors to gauge the health of the local real estate market.
Methodology
The data is collected and calculated by the Bank for International Settlements (BIS).
Historical Context
This trend is closely monitored by economists and real estate analysts to understand broader economic and investment trends in the Philippines.
Key Facts
- Makati is the Philippines' main financial district.
- Residential property prices in Makati have risen over 50% in the past decade.
- The Makati real estate market is closely tied to the city's booming services and tech sectors.
FAQs
Q: What does this economic trend measure?
A: The Residential Property Prices for Makati, Philippines index tracks changes in the prices of residential real estate in Makati, one of the most important business and commercial centers in the Philippines.
Q: Why is this trend relevant for users or analysts?
A: This trend provides valuable insights into the health and dynamics of the Philippine real estate market, which is closely tied to the country's broader economic performance and investment climate.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the Bank for International Settlements (BIS).
Q: How is this trend used in economic policy?
A: Policymakers, developers, and investors closely monitor this trend to understand market conditions and make informed decisions about real estate investment and development in the Philippines.
Q: Are there update delays or limitations?
A: The Residential Property Prices for Makati, Philippines data is published quarterly, with a potential delay of several months.
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Citation
U.S. Federal Reserve, Residential Property Prices for Makati, Philippines (QPHN628BIS), retrieved from FRED.