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Property Prices in Montenegro: Prices of Dwellings in New Residential Buildings (2015=100)

House prices in Montenegro, % change 1 yr

Nominal and inflation-adjusted ('real')

Montenegro

Quarterly change in house prices, inflation-adjusted

 Q1Q2Q3Q4
2024-3.27%
2023-4.37%10.06%5.81%10.17%
20222.5%4.05%-6.98%3.67%
202119.46%0.11%-4.06%-4.01%
2020-16.89%6.99%-12.73%15.39%
2019-7.39%18.24%-7.07%0.52%
20186.12%-7.47%6.18%-3.95%
201719.58%-5.97%1.93%-5.25%
2016-4.04%-1.24%-0.28%-8.32%
20153%7.12%-4.93%0.97%
20140.04%-7.19%-2.61%-6.9%
2013-13.29%14.69%8.24%-1.08%
2012-11.49%-13.79%2.61%5.2%
20114.7%-2.92%8.64%

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.