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Property Prices in Macedonia: Apartment Price Index in Skopje (2005=100)
North Macedonia
Source: National Bank of Macedonia
Apartment prices, Skopje, 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 | |
| 2023 | 4.84% | 6.65% | ||
| 2022 | -0.75% | 1.56% | 1% | 4.78% |
| 2021 | 2.06% | 2.43% | -0.32% | 4.07% |
| 2020 | 0.41% | 0.95% | -1.23% | -0.19% |
| 2019 | 1.59% | 3.77% | -2.32% | 1.03% |
| 2018 | 2.57% | -0.47% | 0.48% | 0.53% |
| 2017 | -2.86% | -0.1% | 0.31% | 0.16% |
| 2016 | 2.97% | -0.48% | -1.64% | 0.41% |
| 2015 | 1.26% | 0.48% | -0.13% | -0.74% |
| 2014 | 0.11% | 2.41% | 4.13% | -5.44% |
| 2013 | -2.25% | -0.5% | 3.55% | -1.98% |
| 2012 | 0.41% | -1.56% | -1.31% | -0.96% |
| 2011 | -5.65% | 1.9% | 0.19% | -0.02% |
| 2010 | 3.32% | 0.23% | -1.72% | 1.86% |
| 2009 | 5.01% | 1.69% | -3.17% | -2.78% |
| 2008 | 0.01% | 7.29% | 2.22% | 7.6% |
| 2007 | 5.47% | 0.76% | -1.91% | 7.24% |
| 2006 | -2.42% | -2.9% | 2.44% | -4.17% |
| 2005 | 2.81% | -2.9% | 1.72% |
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.
