Real Residential Property Prices for Makati, Philippines
QPHR628BIS • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
180.43
Year-over-Year Change
11.24%
Date Range
1/1/2008 - 1/1/2025
Summary
The Real Residential Property Prices for Makati, Philippines trend measures the inflation-adjusted prices of residential real estate in the Makati metropolitan area. This is a key indicator for understanding housing market dynamics and investment potential 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 trend tracks the changes in residential property values in Makati, a major business and financial center in the Philippines. It provides insights into housing affordability, demand, and broader economic conditions that can inform policymakers, developers, and investors.
Methodology
The data is collected and calculated by the Bank for International Settlements using survey and market data.
Historical Context
Residential property prices are monitored closely by government agencies and market analysts to assess the health of the Philippines' real estate sector and broader economic stability.
Key Facts
- Makati is the premier business district of Metro Manila, the capital region of the Philippines.
- The Philippines experienced rapid economic growth and urbanization in the past decade.
- Affordable housing has been a persistent challenge for many Filipino families.
FAQs
Q: What does this economic trend measure?
A: This trend tracks the inflation-adjusted prices of residential real estate in the Makati metropolitan area of the Philippines.
Q: Why is this trend relevant for users or analysts?
A: Residential property prices are a key indicator of housing affordability, investment potential, and broader economic conditions in the Philippines.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the Bank for International Settlements using survey and market data.
Q: How is this trend used in economic policy?
A: Residential property prices are closely monitored by government agencies and market analysts to assess the health of the Philippines' real estate sector and broader economic stability.
Q: Are there update delays or limitations?
A: The data is published on a quarterly basis with a typical 3-month lag period.
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Citation
U.S. Federal Reserve, Real Residential Property Prices for Makati, Philippines (QPHR628BIS), retrieved from FRED.