Select a country
North Macedonia (Skopje) House Price Index: Advertised price of apartments
North Macedonia, Skopje
Source: National Bank of Macedonia
Apartment prices, Skopje, North Macedonia, % change 1 yr
Nominal and inflation-adjusted ('real')
North Macedonia, Skopje
Source: National Bank of Macedonia
Quarterly change in house prices, inflation-adjusted
Q1 | Q2 | Q3 | Q4 | |
2024 | -2.28% | 6.81% | ||
2023 | 0.59% | -1.08% | 0.74% | 2.83% |
2022 | -1.32% | -0.08% | -0.03% | 4.03% |
2021 | 1.56% | 1.13% | -0.47% | 3.78% |
2020 | -0.28% | -0.02% | -0.54% | -0.45% |
2019 | 1.21% | 3.05% | -2.02% | 1.49% |
2018 | 1.54% | -2.59% | 0.74% | 0.43% |
2017 | -3.07% | -1.75% | 0.68% | 0.83% |
2016 | 2.66% | -1.73% | -0.75% | 0.99% |
2015 | 1.54% | 0.40% | -0.10% | -0.38% |
2014 | -0.73% | 1.95% | 3.91% | -5.63% |
2013 | -2.20% | -2.38% | 2.07% | -2.40% |
2012 | -1.27% | -1.93% | -2.40% | -1.17% |
2011 | -6.25% | 2.21% | 1.34% | -0.68% |
2010 | 4.44% | 0.03% | -0.97% | 0.32% |
2009 | -3.74% | 2.35% | -2.03% | -3.57% |
2008 | 2.08% | 5.83% | 3.71% | 6.31% |
2007 | 4.24% | -0.46% | -2.62% | 4.18% |
2006 | -2.35% | -3.75% | 3.55% | -5.06% |
2005 | 2.34% | -1.97% | 0.64% |
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 |
2023 | 3.08% | 6.96% |
2022 | 2.54% | 20.76% |
2021 | 6.10% | 11.25% |
2020 | -1.29% | 1.77% |
2019 | 3.72% | 3.52% |
2018 | 0.08% | 1.62% |
2017 | -3.32% | 0.04% |
2016 | 1.12% | 1.30% |
2015 | 1.47% | 1.12% |
2014 | -0.76% | -0.99% |
2013 | -4.89% | -3.10% |
2012 | -6.61% | -3.94% |
2011 | -3.55% | -1.51% |
2010 | 3.79% | 6.19% |
2009 | -6.92% | -7.91% |
2008 | 19.10% | 24.95% |
2007 | 5.26% | 10.81% |
2006 | -7.61% | -4.48% |
The yearly changes table looks at the last quarter's/month's index values for a given year and compares it with the same quarter/month of the previous year to gauge the change in house prices during that given year.