Graph and download economic data for Real Residential Property Prices for Skopje, Macedonia (QMKR628BIS) from Q1 2000 to Q2 2025 about Skopje, Macedonia, residential, HPI, housing, real, price index, indexes, and price.

Key information about House Prices Growth

• North Macedonia house prices grew 4.7% YoY in Mar 2024, following an increase of 7.0% YoY in the previous quarter.
• YoY growth data is updated quarterly, available from Mar 2001 to Mar 2024, with an average growth rate of 1.9%.
• House price data reached an all-time high of 24.6% in Dec 2008 and a record low of -7.9% in Dec 2009.

Real residential property prices Y-on-Y, percent change in North Macedonia, June, 2025 The most recent value is 18.23 percent as of Q2 2025, an increase compared to the previous value of 17.68 percent. Historically, the average for North Macedonia from Q1 2001 to Q2 2025 is 1.63 percent. The minimum of -12.69 percent was recorded in Q1 2013, while the maximum of 19.07 percent was reached in Q3 2002. | TheGlobalEconomy.com

Residential Property Prices in Macedonia increased 22.34 percent in June of 2025 over the same month in the previous year. This dataset includes a chart with historical data for Macedonia Residential Property Prices.

Graph and download economic data for Residential Property Prices for Skopje, Macedonia (QMKN368BIS) from Q1 2001 to Q2 2025 about Skopje, Macedonia, residential, housing, and price.

North Macedonia - Selected residential property prices, Nominal, Index, 2010 = 100

Macedonia, Former Yugoslav Republic of - Residential Property Prices for Skopje, Macedonia was 170.54000 Index 2010=100 in January of 2025, according to the United States Federal Reserve. Historically, Macedonia, Former Yugoslav Republic of - Residential Property Prices for Skopje, Macedonia reached a record high of 170.54000 in January of 2025 and a record low of 56.84000 in January of 2000. Trading Economics provides the current actual value, an historical data chart and related indicators for Macedonia, Former Yugoslav Republic of - Residential Property Prices for Skopje, Macedonia - last updated from the United States Federal Reserve on October of 2025.

Revenue is forecast to contract at a compound annual rate of 2% over the five years through 2025 to €44.7 billion. This is mostly the result of COVID-19 restrictions dampening downstream demand in 2020. While 2021 saw some recovery, poor economic conditions since 2022 have stifled any significant recovery, continuing to weigh on the industry’s revenue performance. In 2025, revenue is slated to dip by 1.1% owing to the cooling housing market, despite significant investment in civil engineering projects across Europe. Despite public funding and support for new residential properties, a weaker housing market has limited stone and aggregates demand from property developers. This is primarily the result of persistently high interest rates, inhibiting borrowing and investing. Another key factor is the decline in cement and concrete manufacturing (two key downstream markets) in Europe since 2021, according to CEMBUREAU, owing to construction companies moving towards lower embedded CO2 construction materials. Still, revenue has been propped up by growing demand from non-construction markets, like glass manufacturers, fertiliser manufacturers and other industrial and building-environment solutions applications (like sand and gravel being used to prevent coastline erosion) Over the five years through 2030, revenue is forecast to grow at a compound annual rate of 2.5%, to €50.7 billion. Economic conditions are likely to remain fairly weak in the short to medium term as inflation remains above the universal 2% target. The elevated rate of inflation will ensure central banks delay any reductions in the base rate, keeping the cost of borrowing high for would-be home buyers. Weaker demand for houses will contribute to weak price performance and disincentivise developers from increasing production, weighing on activity levels in the construction sector. However, pockets of opportunity will remain in alternative uses of stone, clay, gravel and sand.

Macedonia, Former Yugoslav Republic of - Residential Property Prices for Skopje, Macedonia was 22.33590 % per Annum in April of 2025, according to the United States Federal Reserve. Historically, Macedonia, Former Yugoslav Republic of - Residential Property Prices for Skopje, Macedonia reached a record high of 24.44630 in October of 2008 and a record low of -7.92020 in October of 2009. Trading Economics provides the current actual value, an historical data chart and related indicators for Macedonia, Former Yugoslav Republic of - Residential Property Prices for Skopje, Macedonia - last updated from the United States Federal Reserve on October of 2025.

In the first quarter of 2025, Portugal, Croatia, and the Netherlands had the highest house price to rent ratio index in Europe. The three countries ranked the highest, with house price to rent indices exceeding *** index points. The house price to rent ratio is an indicator of the affordability of owning housing over renting across European countries, with 2015 used as a base year. The higher the ratio, the more the gap between house prices and rental rates has widened since 2015 when the index amounted to 100. In terms of house price to income ratio, the top three countries were Portugal, the Netherlands, and Switzerland. Homeownership in Europe Homeownership varies widely across European countries. In some, such as Austria, Germany, and Switzerland, homeownership is relatively low, with less than ********** of people occupying a dwelling owned by a member of the household. In other countries (Iceland, the Netherlands, Norway, and Sweden), more than **** of people were owner-occupiers with a mortgage. A third group of countries with a high homeownership rate without a housing loan includes many Eastern and South European countries, among which were Serbia, Romania, North Macedonia, Italy, and Bulgaria. Dwellings as a non-financial asset Dwellings, along with structures, land, and intellectual property, are classified as non-financial assets and form an important part of household wealth. Through sale, refinancing, or renting, they can serve as an additional source of income. In 2022, France, Germany, and Norway were the European countries with the highest value of dwellings per capita as a non-financial asset with values between ****** and ****** euros per capita.

Macedonia, Former Yugoslav Republic of - Real Residential Property Prices for Skopje, Macedonia was 116.51000 Index 2010=100 in April of 2025, according to the United States Federal Reserve. Historically, Macedonia, Former Yugoslav Republic of - Real Residential Property Prices for Skopje, Macedonia reached a record high of 116.51000 in April of 2025 and a record low of 72.71040 in January of 2000. Trading Economics provides the current actual value, an historical data chart and related indicators for Macedonia, Former Yugoslav Republic of - Real Residential Property Prices for Skopje, Macedonia - last updated from the United States Federal Reserve on October of 2025.

マケドニアの住宅価格成長率は、2024-03に4.7 %を記録しました。前期2023-12の 7.0 %と比べると下落の結果となりました。マケドニアの住宅価格成長率は四半期で更新され、2001-03から2024-03の93つの値で平均は 1.9 %。最高値は2008-12の24.6 %、最低値は2009-12の-7.9 %。住宅価格成長率はActiveステータスデータであり、CEIC Dataが発表元です。当データは、World Trend PlusのGlobal Economic Monitor – Table: House Prices: Y-o-Y Growth: Quarterlyに格納されています。

마케도니아의 주택 가격 증가은 2024-03에 4.7 %로 보고 되었습니다. 이는 2023-12에 7.0 %라는 이전 수치에 비 해하락한 기록입니다.마케도니아의 주택 가격 증가 데이터는 계간지마다 업데이트 되며,93개의 관측으로 2001-03부터 2024-03사이에 평균 1.9 %입니다. 이 데이터는2008-12에 24.6 %라는사상 최고치를, 2009-12에 -7.9 %라는 최저치를 기록했습니다. 마케도니아’의 주택 가격 증가 데이터는 CEIC에 활성 상태로 남아 있으며CEIC Data에 의해 보고되는 정보입니다. 본 데이터는 World Trend Plus의 Global Economic Monitor - Table: House Prices: Y-o-Y Growth: Quarterly하에 분류 됩니다.