RESIDENTIAL property prices slightly grew in the fourth quarter of 2016 from a year earlier, falling in Metro Manila but buoyed by higher prices in areas outside Metro Manila, central bank data showed.

According to the Residential Real Estate Price Index (RREPI) report released by the Bangko Sentral ng Pilipinas (BSP) over the weekend, residential property prices from October to December last year increased slightly by 0.3 percent from a year earlier.

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