The prices in real estate in Bago City, in the Baguio City region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per m² in Bago City has had a strong decrease during the last 6 months. In November, the average price per m² was ₱ 35,487. In the following month the price per m² decreased considerably to . The price for the following two months in (January, February) had a considerable increment of 181 %. The price per m² has had a considerable deflation of 78 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per m² of ₱ 24,906.75 to ₱ 19,548 during March, and April.
Based upon to the price in Bago City (cities), this has fallen considerably in the last 6 months. The average price for November is ₱ 2,538,878. During December the price had a considerable reduction till . During the following two months (January, February) the average price had a considerable increase of 249 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from ₱ 2,214,904.25 to ₱ 1,618,981, which means a 73 % fall.
