Montenegro (New Build) House Price Index / Quarterly (National)
Montenegro
Source: Statistical Office of Montenegro
House prices in Montenegro, % change 1 yr
Nominal and inflation-adjusted ('real')
Montenegro
Source: Statistical Office of Montenegro
Quarterly change in house prices, inflation-adjusted
| Q1 | Q2 | Q3 | Q4 | |
| 2025 | 9.34% | 0.13% | ||
| 2024 | -3.31% | 3.42% | 1.47% | 4.38% |
| 2023 | -4.38% | 10.06% | 5.87% | 10.14% |
| 2022 | 2.49% | 4.01% | -6.93% | 3.62% |
| 2021 | 19.43% | 0.13% | -4.03% | -3.97% |
| 2020 | -16.89% | 7.02% | -12.76% | 15.37% |
| 2019 | -7.37% | 18.24% | -7.07% | 0.52% |
| 2018 | 6.12% | -7.47% | 6.18% | -3.97% |
| 2017 | 19.58% | -5.97% | 1.93% | -5.25% |
| 2016 | -4.04% | -1.24% | -0.28% | -8.32% |
| 2015 | 3.00% | 7.12% | -4.93% | 0.97% |
| 2014 | 0.04% | -7.19% | -2.61% | -6.90% |
| 2013 | -13.29% | 14.69% | 8.24% | -1.08% |
| 2012 | -11.49% | -13.79% | 2.61% | 5.20% |
| 2011 | 4.70% | -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.
Yearly change in house prices, nominal and inflation-adjusted
| Year | Inflation Adjusted | Nominal Change |
| 2024 | 5.91% | 8.16% |
| 2023 | 22.72% | 27.95% |
| 2022 | 2.80% | 20.50% |
| 2021 | 10.20% | 15.29% |
| 2020 | -10.47% | -11.28% |
| 2019 | 2.31% | 3.37% |
| 2018 | 0.13% | 1.76% |
| 2017 | 8.59% | 10.67% |
| 2016 | -13.36% | -12.48% |
| 2015 | 5.92% | 7.43% |
| 2014 | -15.82% | -16.10% |
| 2013 | 6.47% | 6.83% |
| 2012 | -17.63% | -13.46% |
This table shows how house prices have changed over each year. It compares the latest quarter or month of a given year with the same period the year before, so you can quickly see whether prices went up or down over that year.
