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North Macedonia (Skopje) House Price Index: Advertised Price of Apartments (2010 = 100)
North Macedonia
Source: National Bank of Macedonia
Apartment prices, Skopje, North Macedonia, % change 1 yr
Nominal and inflation-adjusted ('real')
North Macedonia
Source: National Bank of Macedonia
Quarterly change in house prices, inflation-adjusted
| Q1 | Q2 | Q3 | Q4 | |
| 2025 | 7.45% | |||
| 2024 | -2.26% | 6.80% | -2.94% | 3.30% |
| 2023 | 0.57% | -1.09% | 0.76% | 2.77% |
| 2022 | -1.55% | -0.04% | -0.08% | 4.07% |
| 2021 | 1.35% | 1.34% | -0.67% | 4.07% |
| 2020 | -0.17% | -0.12% | -0.51% | -0.39% |
| 2019 | 0.67% | 3.37% | -2.22% | 1.68% |
| 2018 | 1.93% | -2.76% | 1.31% | 0.30% |
| 2017 | -3.46% | -1.69% | 0.62% | 0.70% |
| 2016 | 2.91% | -1.71% | -1.00% | 1.27% |
| 2015 | 1.81% | -0.12% | 0.26% | -0.48% |
| 2014 | -0.71% | 2.06% | 3.46% | -5.75% |
| 2013 | -1.99% | -2.22% | 1.89% | -1.91% |
| 2012 | -1.62% | -2.02% | -2.24% | -1.58% |
| 2011 | -7.42% | 2.55% | 1.63% | -0.40% |
| 2010 | 4.84% | 0.05% | -1.18% | 1.44% |
| 2009 | -3.42% | 2.11% | -1.53% | -4.15% |
| 2008 | 1.68% | 6.19% | 3.32% | 6.33% |
| 2007 | 4.76% | -0.97% | -2.54% | 4.29% |
| 2006 | -2.13% | -4.21% | 3.15% | -5.12% |
| 2005 | 3.27% | -2.57% | 0.89% |
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 | 4.66% | 10.57% |
| 2023 | 3.01% | 6.88% |
| 2022 | 2.33% | 20.51% |
| 2021 | 6.17% | 11.33% |
| 2020 | -1.18% | 1.89% |
| 2019 | 3.47% | 3.28% |
| 2018 | 0.71% | 2.26% |
| 2017 | -3.83% | -0.50% |
| 2016 | 1.41% | 1.60% |
| 2015 | 1.46% | 1.11% |
| 2014 | -1.19% | -1.43% |
| 2013 | -4.22% | -2.40% |
| 2012 | -7.27% | -4.62% |
| 2011 | -3.89% | -1.86% |
| 2010 | 5.15% | 7.58% |
| 2009 | -6.93% | -7.92% |
| 2008 | 18.62% | 24.45% |
| 2007 | 5.45% | 11.01% |
| 2006 | -8.24% | -5.11% |
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.