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Property prices in Macedonia: apartment price index, Skopje.

Macedonia. 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')

Macedonia. Skopje

National Bank of the Republic of Macedonia


Quarterly change in house prices, inflation-adjusted

 Q1Q2Q3Q4
20200.31%1.05%
20191.66%3.71%-2.3%1.02%
20182.49%-0.5%0.45%0.58%
2017-2.77%-0.08%0.29%0.24%
20162.93%-0.45%-1.6%0.3%
20151.26%0.5%-0.13%-0.75%
20140.11%2.45%4.19%-5.46%
2013-2.32%-0.54%3.7%-2.17%
20120.41%-1.53%-1.33%-0.89%
2011-5.54%1.86%0.16%-0.03%
20103.23%0.22%-1.69%1.74%
20095%1.65%-3.18%-2.68%
20080.12%7.15%2.33%7.62%
20075.45%0.86%-1.92%7.18%
2006-2.33%-2.86%2.54%-4.26%
20052.64%-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.