The average price in the Olongapo City region has had a slight decrease in recent months. There has been a deflation in the prices in this region.
The price per m² in Olongapo City has risen in the last 6 months. During October, the average price per m² was ₱ 87,325. The following month the price decreased to ₱ 79,680 per m². The following two months (December, January) went through a considerable deflation of 78 % in the price per m² with regard to the previous two. In the last two months, the price per m² has had a significant increase of 129 %. This has been obtained by comparing the price of ₱ 74,488.5 for the first four months of the sample with regard to the previous 4 months and the price of ₱ 95,764 per m² for the last two months (February, March).
Based upon to the price in Olongapo City(region), this has decreased considerably in the last 6 months. October has an average price of ₱ 24,833,333. During November the price had a strong deflation till ₱ 20,333,333. The average price for the following two months (December, January) decreased 87 % compared to the prior two. During the last two months the price has had a considerable reduction of 66 % with respect to the previous four months going from ₱ 21,108,332 a ₱ 13,942,500.
