North Macedonia: Real residential property prices Y-on-Y change
* indicates monthly or quarterly data series
The most recent value is 1.22 percent as of Q1 2024, a decline compared to the previous value of 3.4 percent. Historically, the average for North Macedonia from Q1 2001 to Q1 2024 is 1.1 percent. The minimum of -8.9 percent was recorded in Q4 2012, while the maximum of 17.3 percent was reached in Q4 2008.
Click on the following link to see the values of: Real residential property prices Y-on-Y change around the world.
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* indicates monthly or quarterly data series
- Measure: percent
- Source: Bank for International Settlements (BIS)
| Recent values | North Macedonia: Real residential property prices Y-on-Y, percent change |
|---|---|
| 2024 Q1 | 1.22 |
| 2023 Q4 | 3.4 |
| 2023 Q3 | 3.08 |
| 2023 Q2 | 1.61 |
| 2023 Q1 | 2.37 |
| 2022 Q4 | 0.95 |
| 2022 Q3 | 3.51 |
| 2022 Q2 | 3.74 |
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Definition: Real residential property price measures the year-on-year percent change of property prices over time excluding the corresponding Y-on-Y inflation.
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Industrial production | 4.50 | 9/2023 | percent |
| Retail sales | 98.30 | 9/2023 | index points |
| Retail sales Y-on-Y | -1.70 | 9/2023 | percent |
| House price index | 142.55 | Q3/2023 | index points |
| Real residential property prices Y-on-Y change | 3.08 | Q3/2023 | percent |
| Business confidence survey | 2.43 | 9/2023 | points |
| Consumer confidence survey | -24.00 | 9/2023 | points |