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Montenegro house price index (2011=100)

March, 16, 2023

Montenegro

House prices in Montenegro. The Statistical Office of Montenegro releases data on prices of dwellings in new residential buildings in Montenegro every quarter.

House prices in Montenegro, % change 1 yr

Nominal and inflation-adjusted ('real')

Montenegro


Quarterly change in house prices, inflation-adjusted

 Q1Q2Q3Q4
2023-4.37
20222.54.05-6.983.67
202119.460.11-4.06-4.01
2020-16.896.99-12.7315.39
2019-7.3918.24-7.070.52
20186.12-7.476.18-3.95
201719.58-5.971.93-5.25
2016-4.04-1.24-0.28-8.32
201537.12-4.930.97
20140.04-7.19-2.61-6.9
2013-13.2914.698.24-1.08
2012-11.49-13.792.615.2
20114.7-2.928.64

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.