Residential real estate prices in the country slipped by 0.4 percent year-on-year in July to September, while it contracted 14.1-percent quarter-on-quarter, data from Bangko Sentral ng Pilipinas (BSP) showed.

BSP on Wednesday said the negative year-on-year growth of the Residential Real Estate Price Index (RREPI) in the third quarter is its first since beginning the report in 2016.

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