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Montenegro house price index
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
Q1 | Q2 | Q3 | Q4 | |
2020 | -16.89% | |||
2019 | -7.39% | 18.24% | -7.07% | 0.52% |
2018 | 6.12% | -7.47% | 6.18% | -3.95% |
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 |
2019 | 2.28% | 3.37% |
2018 | 0.15% | 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% |
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.