RESIDENTIAL property price growth picked up in the first three months of 2023 from a year earlier but moderated on a quarter-on-quarter basis, the Bangko Sentral ng Pilipinas (BSP) reported on Friday.

At 10.2 percent year on year, the Residential Real Estate Price Index (RREPI) accelerated from the 5.7-percent growth seen 12 months earlier and the 7.7 percent recorded in the fourth quarter of 2022

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