Property prices in Macedonia: apartment price index, Skopje.
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')
Quarterly change in house prices, inflation-adjusted
| Q1 | Q2 | Q3 | Q4 | |
| 2025 | 7.48% | 5.92% | 3.04% | 2.89% |
| 2024 | -2.27% | 6.80% | -2.92% | 3.27% |
| 2023 | 0.59% | -1.07% | 0.76% | 2.74% |
| 2022 | -1.58% | -0.02% | -0.08% | 4.06% |
| 2021 | 1.32% | 1.36% | -0.69% | 4.11% |
| 2020 | -0.17% | -0.12% | -0.51% | -0.36% |
| 2019 | 0.66% | 3.38% | -2.23% | 1.70% |
| 2018 | 1.95% | -2.77% | 1.34% | 0.28% |
| 2017 | -3.50% | -1.68% | 0.62% | 0.69% |
| 2016 | 2.91% | -1.71% | -1.02% | 1.32% |
| 2015 | 1.84% | -0.17% | 0.28% | -0.48% |
| 2014 | -0.72% | 2.09% | 3.40% | -5.74% |
| 2013 | -1.99% | -2.20% | 1.87% | -1.87% |
| 2012 | -1.61% | -2.05% | -2.21% | -1.61% |
| 2011 | -7.45% | 2.55% | 1.65% | -0.41% |
| 2010 | 4.88% | 0.04% | -1.17% | 1.48% |
| 2009 | -3.41% | 2.09% | -1.53% | -4.17% |
| 2008 | 1.65% | 6.21% | 3.29% | 6.34% |
| 2007 | 4.78% | -0.98% | -2.53% | 4.31% |
| 2006 | -2.13% | -4.21% | 3.13% | -5.13% |
| 2005 | 3.30% | -2.58% | 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 |
| 2025 | 20.69% | 24.98% |
| 2024 | 4.65% | 10.56% |
| 2023 | 3.02% | 6.89% |
| 2022 | 2.31% | 20.50% |
| 2021 | 6.18% | 11.35% |
| 2020 | -1.16% | 1.90% |
| 2019 | 3.47% | 3.27% |
| 2018 | 0.73% | 2.29% |
| 2017 | -3.87% | -0.53% |
| 2016 | 1.44% | 1.62% |
| 2015 | 1.46% | 1.11% |
| 2014 | -1.21% | -1.45% |
| 2013 | -4.18% | -2.36% |
| 2012 | -7.28% | -4.63% |
| 2011 | -3.92% | -1.88% |
| 2010 | 5.23% | 7.67% |
| 2009 | -6.95% | -7.95% |
| 2008 | 18.58% | 24.41% |
| 2007 | 5.49% | 11.05% |
| 2006 | -8.27% | -5.15% |
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.
