Housing Index in Macedonia increased to 192.80 points in the third quarter of 2025 from 185.32 points in the second quarter of 2025. This dataset provides - Macedonia Housing Index- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Key information about North Macedonia Nominal Residential Property Price Index

• North Macedonia Nominal Residential Property Price Index was reported at 185.325 2010=100 in Jun 2025.
• This records an increase from the previous number of 170.594 2010=100 for Mar 2025.
• North Macedonia Nominal Residential Property Price Index data is updated quarterly, averaging 96.182 2010=100 from Mar 2000 to Jun 2025, with 102 observations.
• The data reached an all-time high of 185.325 2010=100 in Jun 2025 and a record low of 56.891 2010=100 in Mar 2000.
• North Macedonia Nominal Residential Property Price Index data remains active status in CEIC and is reported by Bank for International Settlements.
• The data is categorized under World Trend Plus’s Association: Property Sector – Table RK.BIS.RPPI: Selected Nominal Residential Property Price Index: 2010=100: Quarterly.

House price index in North Macedonia, June, 2025 The most recent value is 184.14 index points as of Q2 2025, an increase compared to the previous value of 173.27 index points. Historically, the average for North Macedonia from Q1 2000 to Q2 2025 is 95.62 index points. The minimum of 56.89 index points was recorded in Q1 2000, while the maximum of 184.14 index points was reached in Q2 2025. | TheGlobalEconomy.com

North Macedonia House Price Index: Skopje data was reported at 159.111 2010=100 in Dec 2024. This records an increase from the previous number of 154.048 2010=100 for Sep 2024. North Macedonia House Price Index: Skopje data is updated quarterly, averaging 93.940 2010=100 from Mar 2000 (Median) to Dec 2024, with 100 observations. The data reached an all-time high of 159.111 2010=100 in Dec 2024 and a record low of 56.825 2010=100 in Mar 2000. North Macedonia House Price Index: Skopje data remains active status in CEIC and is reported by National Bank of the Republic of North Macedonia. The data is categorized under Global Database’s North Macedonia – Table MK.EB001: House Price Index.

Global house prices experienced a significant shift in 2022, with advanced economies seeing a notable decline after a prolonged period of growth. The real house price index (adjusted for inflation) for advanced economies peaked at nearly *** index points in early 2022 before falling to around ***** points by the second quarter of 2023. In the second quarter of 2025, the index reached ***** points. This represents a reversal of the upward trend that had characterized the housing market for roughly a decade. Likewise, real house prices in emerging economies declined after reaching a high of ***** points in the third quarter of 2021. What is behind the slowdown? Inflation and slow economic growth have been the primary drivers for the cooling of the housing market. Secondly, the growing gap between incomes and house prices since 2012 has decreased the affordability of homeownership. Last but not least, homebuyers in 2024 faced dramatically higher mortgage interest rates, further contributing to worsening sentiment and declining transactions. Some markets continue to grow While many countries witnessed a deceleration in house price growth in 2022, some markets continued to see substantial increases. Turkey, in particular, stood out with a nominal increase in house prices of over ** percent in the first quarter of 2025. Other countries that recorded a two-digit growth include North Macedonia and Russia. When accounting for inflation, the three countries with the fastest growing residential prices in early 2025 were North Macedonia, Portugal, and Bulgaria.

Key information about North Macedonia Gold Production

• North Macedonia Real Residential Property Price Index was reported at 117.260 2010=100 in Jun 2025.
• This records an increase from the previous number of 109.253 2010=100 for Mar 2025.
• North Macedonia Real Residential Property Price Index data is updated quarterly, averaging 89.631 2010=100 from Mar 2000 to Jun 2025, with 102 observations.
• The data reached an all-time high of 117.260 2010=100 in Jun 2025 and a record low of 72.776 2010=100 in Mar 2000.
• North Macedonia Real Residential Property Price Index data remains active status in CEIC and is reported by Bank for International Settlements.
• The data is categorized under World Trend Plus’s Association: Property Sector – Table RK.BIS.RPPI: Selected Real Residential Property Price Index: 2010=100: Quarterly. [COVID-19-IMPACT]

Time series data for the statistic Nominal Residential Property Price Index Quarterly and country North Macedonia. Indicator Definition:Nominal Residential Property Price Index QuarterlyThe indicator "Nominal Residential Property Price Index Quarterly" stands at 184.14 as of 6/30/2025, the highest value at least since 6/30/2000, the period currently displayed. Regarding the One-Year-Change of the series, the current value constitutes an increase of 22.34 percent compared to the value the year prior.The 1 year change in percent is 22.34.The 3 year change in percent is 49.67.The 5 year change in percent is 84.60.The 10 year change in percent is 100.50.The Serie's long term average value is 95.62. It's latest available value, on 6/30/2025, is 92.57 percent higher, compared to it's long term average value.The Serie's change in percent from it's minimum value, on 3/31/2000, to it's latest available value, on 6/30/2025, is +223.68%.The Serie's change in percent from it's maximum value, on 6/30/2025, to it's latest available value, on 6/30/2025, is 0.0%.

Time series data for the statistic Real Residential Property Price Index Quarterly and country North Macedonia. Indicator Definition:Real Residential Property Price Index QuarterlyThe indicator "Real Residential Property Price Index Quarterly" stands at 116.51 as of 6/30/2025, the highest value at least since 6/30/2000, the period currently displayed. Regarding the One-Year-Change of the series, the current value constitutes an increase of 18.23 percent compared to the value the year prior.The 1 year change in percent is 18.23.The 3 year change in percent is 25.20.The 5 year change in percent is 33.79.The 10 year change in percent is 40.02.The Serie's long term average value is 88.82. It's latest available value, on 6/30/2025, is 31.18 percent higher, compared to it's long term average value.The Serie's change in percent from it's minimum value, on 6/30/2000, to it's latest available value, on 6/30/2025, is +61.41%.The Serie's change in percent from it's maximum value, on 6/30/2025, to it's latest available value, on 6/30/2025, is 0.0%.

North Macedonia House Price Index: Skopje: Quarter on Quarter Growth data was reported at 3.287 % in Dec 2024. This records an increase from the previous number of -0.298 % for Sep 2024. North Macedonia House Price Index: Skopje: Quarter on Quarter Growth data is updated quarterly, averaging 0.720 % from Jun 2000 (Median) to Dec 2024, with 99 observations. The data reached an all-time high of 8.656 % in Dec 2000 and a record low of -5.387 % in Dec 2014. North Macedonia House Price Index: Skopje: Quarter on Quarter Growth data remains active status in CEIC and is reported by National Bank of the Republic of North Macedonia. The data is categorized under Global Database’s North Macedonia – Table MK.EB001: House Price Index.

Key information about North Macedonia Real Residential Property Price Index Growth

• North Macedonia Real Residential Property Price Index Growth was reported at 15.910 % in Jun 2025.
• This records an increase from the previous number of 14.633 % for Mar 2025.
• North Macedonia Real Residential Property Price Index Growth data is updated quarterly, averaging -8.613 % from Mar 2001 to Jun 2025, with 98 observations.
• The data reached an all-time high of 17.172 % in Dec 2008 and a record low of -9.030 % in Dec 2012.
• North Macedonia Real Residential Property Price Index Growth data remains active status in CEIC and is reported by Bank for International Settlements.
• The data is categorized under World Trend Plus’s Association: Property Sector – Table RK.BIS.RPPI: Selected Real Residential Property Price Index: 2010=100: Quarterly: YoY %.

Graph and download economic data for Real Residential Property Prices for Skopje, Macedonia (QMKR368BIS) from Q1 2001 to Q2 2025 about Skopje, Macedonia, residential, housing, real, and price.

In 2025, North Macedonia, Portugal, and Bulgaria exhibited the highest inflation-adjusted increase in house prices among the countries under observation. In the first quarter of the year, house prices in North Macedonia grew by nearly ** percent in real terms, whereas globally, prices declined by about *** percent. The country with the highest price drop was Turkey, at almost *** percent. Austria, Finland, and Belgium also experienced a decline in prices, at ***, **** and *** percent, respectively. These figures are based on the development of the real house price index, with 2010 chosen as a baseline year. When looking at the long-term index development, Turkey observed the biggest increase in prices in the region. When looking at the average house price in the major European markets, Luxembourg emerged as the country with the most expensive residential property. Meanwhile, cities such as Geneva, Zurich, and London had the highest average apartment prices.

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

Key information about North Macedonia Nominal Residential Property Price Index Growth

• North Macedonia Nominal Residential Property Price Index Growth was reported at 19.933 % in Jun 2025.
• This records an increase from the previous number of 19.452 % for Mar 2025.
• North Macedonia Nominal Residential Property Price Index Growth data is updated quarterly, averaging -5.449 % from Mar 2001 to Jun 2025, with 98 observations.
• The data reached an all-time high of 24.407 % in Dec 2008 and a record low of -7.951 % in Dec 2009.
• North Macedonia Nominal Residential Property Price Index Growth data remains active status in CEIC and is reported by Bank for International Settlements.
• The data is categorized under World Trend Plus’s Association: Property Sector – Table RK.BIS.RPPI: Selected Nominal Residential Property Price Index: 2010=100: Quarterly: YoY %.

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

In all CEE countries, except for North Macedonia, rentals for housing prices increased more than the average for the ** EU countries in 2024. Rents in Hungary have increased the most, by over ** percent compared to 2015.

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.

North Macedonia: Property rights index (0-100): The latest value from 2025 is 59 points, unchanged from 59 points in 2024. In comparison, the world average is 53 points, based on data from 182 countries. Historically, the average for North Macedonia from 2002 to 2025 is 43 points. The minimum value, 30 points, was reached in 2002 while the maximum of 67 points was recorded in 2017.

North Macedonia Consumer Price Index (CPI): PY=100: Housing, Water, Electricity, Gas and Other Fuels data was reported at 101.580 Prev Year=100 in Mar 2025. This records an increase from the previous number of 101.180 Prev Year=100 for Feb 2025. North Macedonia Consumer Price Index (CPI): PY=100: Housing, Water, Electricity, Gas and Other Fuels data is updated monthly, averaging 101.969 Prev Year=100 from Jan 2002 (Median) to Mar 2025, with 279 observations. The data reached an all-time high of 121.480 Prev Year=100 in Dec 2022 and a record low of 97.370 Prev Year=100 in Oct 2013. North Macedonia Consumer Price Index (CPI): PY=100: Housing, Water, Electricity, Gas and Other Fuels data remains active status in CEIC and is reported by State Statistical Office of the Republic of North Macedonia. The data is categorized under Global Database’s North Macedonia – Table MK.I003: Consumer Price Index: Previous Year=100.

North Macedonia Consumer Price Index (CPI): PY=100: Furnishings, Household Equipment and Maintenance data was reported at 102.460 Prev Year=100 in Mar 2025. This records a decrease from the previous number of 103.070 Prev Year=100 for Feb 2025. North Macedonia Consumer Price Index (CPI): PY=100: Furnishings, Household Equipment and Maintenance data is updated monthly, averaging 100.940 Prev Year=100 from Jan 2002 (Median) to Mar 2025, with 279 observations. The data reached an all-time high of 117.280 Prev Year=100 in Dec 2022 and a record low of 96.200 Prev Year=100 in Jul 2005. North Macedonia Consumer Price Index (CPI): PY=100: Furnishings, Household Equipment and Maintenance data remains active status in CEIC and is reported by State Statistical Office of the Republic of North Macedonia. The data is categorized under Global Database’s North Macedonia – Table MK.I003: Consumer Price Index: Previous Year=100.