11/24/2016 PhilippinesAverageConstructionCostForecast20162020

PhilippinesAverageConstructionCostForecast20162020
HousingIndexinPhilippinesisexpectedtobe9400.00PHP/SQ.METREbytheendofthisquarter,accordingtoTradingEconomicsglobalmacromodels
and analysts expectations. Looking forward, we estimate Housing Index in Philippines to stand at 10820.00 in 12 months time. In the longterm, the
PhilippinesAverageConstructionCostisprojectedtotrendaround12799.59PHP/SQ.METREin2020,accordingtooureconometricmodels.

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ActualData(/philippines/housingindex) AlertMe Watch Embed

Forecast Actual Q4/16 Q1/17 Q2/17 Q3/17 2020 Unit

HousingIndex 10514 9400 10480 9380 10820 12800 PHP/SQ.METRE

Philippines Average Construction Cost Forecasts are projected using an autoregressive integrated moving average (ARIMA) model calibrated using our analysts
expectations. We model the past behaviour of Philippines Average Construction Cost using vast amounts of historical data and we adjust the coefficients of the
econometric model by taking into account our analysts assessments and future expectations. The forecast for Philippines Average Construction Cost was last
predictedonThursday,November24,2016.

PhilippinesHousing Last Q4/16 Q1/17 Q2/17 Q3/17 2020

HousingIndex(/philippines/housingindex/forecast) 10514 9400 10480 9380 10820 12800
BuildingPermits(/philippines/buildingpermits/forecast) 39635 38600 35300 43200 38900 41900

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