The prices in real estate in Moalboal, in the Cebu 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 Moalboal has had a strong decrease during the last 6 months. In March, the average price per m² was ₱ 26,639. In the following month the price per m² decreased considerably to ₱ 18,104. The price for the following two months in (May, June) had a considerable decrease of 81 with regard to the prior two months. The price per m² has had a considerable deflation of 0 % 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 ₱ 20,237.75 to during July, and August.
Based upon to the price in Moalboal (cities), this has fallen considerably in the last 6 months. The average price for March is ₱ 8,202,899. During April the price had a considerable reduction till ₱ 6,414,286. During the following two months (May, June) the average price fell 88 % 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 ₱ 6,861,439 to , which means a 0 % fall.