The prices in real estate in Tiaong, in the Quezon 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 Tiaong has had a strong decrease during the last 6 months. In October, the average price per m² was ₱ 16,177. In the following month the price per m² decreased to ₱ 14,485. The price for the following two months in (December, January) had a considerable decrease of 71 with regard to the prior two months. The price per m² has had a considerable deflation of 63 % 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 ₱ 13,095.75 to ₱ 8,295.5 during February, and March.
Based upon to the price in Tiaong (cities), this has gone up considerably in the last 6 months. The price in October is ₱ 5,788,059, rising in November till ₱ 6,518,842. During the following two months (December, January) the average price had a considerable increase of 163 % 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 230 % during the last two months.
