The prices in real estate in Laguna, in the Laguna region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per m² in Laguna has fallen in the last 6 months. In April, the average price per m² was ₱ 26,874. In the following month the price per m² increased to ₱ 29,440. In the following two months the price per m² has barely changed, going from ₱ 28,157 to ₱ 28,365 per m². The price per m² has had a considerable deflation of 51 % 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 ₱ 28,261 to ₱ 14,471 during August, and September.
Based upon to the price in Laguna (cities), this has gone up considerably in the last 6 months. The price in April is ₱ 2,907,955, rising in May till ₱ 3,258,057. During the following two months (June, July) the average price had a considerable increase of 240 % 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 ₱ 5,233,965 to ₱ 1,245,924.5, which means a 24 % fall.