Forecast analysis reveals a consistent upward trend in the Real Estate, Renting, and Business Activities Gross Value Added (GVA) in the Philippines. The forecasted GVA shows a steady increase from 1.2278 trillion pesos in 2024 to 1.3431 trillion pesos in 2028, based on constant 2000 prices.
Year-on-year variation:
- 2025: 2.42%
- 2026: 2.32%
- 2027: 2.09%
- 2028: 2.12%
Compound Annual Growth Rate (CAGR) for 2024-2028: 2.24%
Future trends to watch for include the dynamics of urbanization, government policy on real estate, technological advancements in property management, and the economic impacts of potential global disruptions. Monitoring these trends will be crucial for strategic planning and stakeholder decision-making in the sector.
