Property prices in Macedonia: apartment price index, Skopje.
North Macedonia
Apartment prices in Skopje, Macedonia
The source of these Macedonia apartment prices time-series is the National Bank of the Republic of Macedonia.
Apartment prices, Skopje, Macedonia, % change 1 yr
Nominal and inflation-adjusted ('real')
North Macedonia
National Bank of the Republic of Macedonia
Quarterly change in house prices, inflation-adjusted
| Q1 | Q2 | Q3 | Q4 | |
| 2020 | 0.31% | 1.05% | ||
| 2019 | 1.66% | 3.71% | -2.30% | 1.02% |
| 2018 | 2.49% | -0.50% | 0.45% | 0.58% |
| 2017 | -2.77% | -0.08% | 0.29% | 0.24% |
| 2016 | 2.93% | -0.45% | -1.60% | 0.30% |
| 2015 | 1.26% | 0.50% | -0.13% | -0.75% |
| 2014 | 0.11% | 2.45% | 4.19% | -5.46% |
| 2013 | -2.32% | -0.54% | 3.70% | -2.17% |
| 2012 | 0.41% | -1.53% | -1.33% | -0.89% |
| 2011 | -5.54% | 1.86% | 0.16% | -0.03% |
| 2010 | 3.23% | 0.22% | -1.69% | 1.74% |
| 2009 | 5.00% | 1.65% | -3.18% | -2.68% |
| 2008 | 0.12% | 7.15% | 2.33% | 7.62% |
| 2007 | 5.45% | 0.86% | -1.92% | 7.18% |
| 2006 | -2.33% | -2.86% | 2.54% | -4.26% |
| 2005 | 2.64% | -2.76% | 1.58% |
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 | 4.06% | 3.55% |
| 2018 | 3.03% | 1.52% |
| 2017 | -2.33% | 0.22% |
| 2016 | 1.12% | 1.22% |
| 2015 | 0.87% | 1.12% |
| 2014 | 1.02% | -0.91% |
| 2013 | -1.44% | -3.26% |
| 2012 | -3.31% | -3.87% |
| 2011 | -3.66% | -1.47% |
| 2010 | 3.48% | 5.99% |
| 2009 | 0.57% | -7.89% |
| 2008 | 18.15% | 25.08% |
| 2007 | 11.80% | 10.81% |
| 2006 | -6.86% | -4.34% |
This table shows how house prices have changed over each year. It compares the latest quarter or month of a given year with the same period the year before, so you can quickly see whether prices went up or down over that year.
