Property prices in Macedonia: apartment price index, Skopje. (2005=100)

North Macedonia

Apartment prices in Skopje, Macedonia The source of these Macedonia apartment prices time-series is the National Bank of the Republic of Macedonia.

Apartment prices, Skopje, Macedonia, % change 1 yr

Nominal and inflation-adjusted ('real')

North Macedonia

National Bank of the Republic of Macedonia


Quarterly change in house prices, inflation-adjusted

 Q1Q2Q3Q4
20234.83
2022-0.751.550.994.79
20212.062.43-0.324.07
20200.410.95-1.23-0.19
20191.593.77-2.321.03
20182.57-0.470.480.53
2017-2.86-0.10.310.16
20162.97-0.48-1.640.41
20151.260.48-0.13-0.74
20140.112.414.13-5.44
2013-2.25-0.53.55-1.98
20120.41-1.56-1.31-0.96
2011-5.651.90.19-0.02
20103.320.23-1.721.86
20095.011.69-3.17-2.78
20080.017.292.227.6
20075.470.76-1.917.24
2006-2.42-2.92.44-4.17
20052.81-2.91.72

This table shows the change in house prices during a single quarter, adjusted for inflation.

Adjusting house price rises (or declines) for inflation produces a more accurate picture of the change in value of housing than the usual nominal figures cited in the newspapers.