The prices in real estate in Moalboal, in the Cebu region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.
The price per m² in Moalboal has increased strongly during the last 6 months. In July, the average price per m² was . In the following month the price per m² increased considerably to . The price for the following two months in (September, October) had a considerable increment of 2147483647 %. The price per m² has had a considerable deflation of 40 % 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 ₱ 5,139.5 to ₱ 2,076.5 during November, and December.
Based upon to the price in Moalboal (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during July, is . During August the price went through a considerable rise reaching . During the following two months (September, October) the average price had a considerable increase of 2147483647 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 121 % during the last two months.