North Macedonia House Prices Growth

2001 - 2024 | Quarterly | % | CEIC Data

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.

The National Bank of the Republic of North Macedonia provides quarterly House Price Growth. House Prices Growth covers Skopje only.

View North Macedonia's House Prices Growth from Mar 2001 to Mar 2024 in the chart:

North Macedonia House Prices Growth

What was North Macedonia's House Prices Growth in Mar 2024?

North Macedonia house prices grew 4.7% YoY in Mar 2024, following an increase of 7.0% YoY in the previous quarter. See the table below for more data.

Last Previous Min Max Unit Frequency Range
4.7 Mar 2024 7.0 Dec 2023 -7.9 Dec 2009 24.6 Dec 2008 % quarterly Mar 2001 - Mar 2024

House Prices Growth by Country Comparison

country/region Last Frequency Range
Australia (%) 6.6 Sep 2024 quarterly Sep 2004 - Sep 2024
Austria (%) -3.2 Jun 2024 quarterly Sep 1987 - Jun 2024
Belarus (%) -2.5 Dec 2021 quarterly Mar 2010 - Dec 2021
Belgium (%) 3.8 Sep 2024 quarterly Mar 1974 - Sep 2024
Bosnia and Herzegovina (%) 17.0 2022 yearly 2009 - 2022
Brazil (%) 7.3 Nov 2024 monthly Jan 2009 - Nov 2024
Brunei (%) -0.8 Jun 2024 quarterly Mar 2016 - Jun 2024
Bulgaria (%) 15.1 Jun 2024 quarterly Mar 2006 - Jun 2024
Canada (%) 0.2 Nov 2024 monthly Jan 1982 - Nov 2024
Chile (%) -1.7 Sep 2024 monthly Jan 2004 - Sep 2024
China (%) -4.8 Nov 2024 monthly Mar 1999 - Nov 2024
Colombia (%) 10.4 Sep 2024 quarterly Mar 1998 - Sep 2024
Croatia (%) 1.8 Dec 2023 semiannually Jun 1996 - Dec 2023
Cyprus (%) 8.0 Jun 2024 quarterly Mar 2007 - Jun 2024
Czech Republic (%) 1.0 Mar 2023 quarterly Mar 2006 - Mar 2023
Denmark (%) 12.3 Jan 2022 monthly Jan 2007 - Jan 2022
Estonia (%) -1.5 Dec 2024 quarterly Sep 2004 - Dec 2024
European Union (%) 2.9 Jun 2024 quarterly Mar 2006 - Jun 2024
Finland (%) 2.0 Dec 2017 quarterly Mar 2011 - Dec 2017
France (%) -4.6 Jun 2024 quarterly Mar 2001 - Jun 2024
Georgia (%) 7.8 Jun 2021 monthly May 2016 - Jun 2021
Germany (%) -0.7 Sep 2024 quarterly Mar 2001 - Sep 2024
Greece (%) 9.0 Jun 2024 quarterly Mar 2000 - Jun 2024
Hong Kong SAR, China (%) -9.9 Oct 2024 monthly Jan 1994 - Oct 2024
Hungary (%) 10.4 Jun 2024 quarterly Mar 2008 - Jun 2024
Iceland (%) 8.7 Dec 2024 monthly Mar 2001 - Dec 2024
India (%) 2.6 Sep 2024 quarterly Mar 2011 - Sep 2024
Indonesia (%) 1.5 Sep 2024 quarterly Mar 2003 - Sep 2024
Ireland (%) 9.7 Oct 2024 monthly Jan 2006 - Oct 2024
Israel (%) 6.7 Sep 2024 monthly Jan 1995 - Sep 2024
Italy (%) 3.9 Sep 2024 quarterly Mar 2011 - Sep 2024
Japan (%) 4.5 Aug 2024 monthly Apr 2009 - Aug 2024
Kazakhstan (%) 3.7 Nov 2024 monthly Nov 2013 - Nov 2024
South Korea (%) -0.2 Nov 2024 monthly Jan 1987 - Nov 2024
Latvia (%) 17.3 Mar 2022 quarterly Mar 2007 - Mar 2022
Lithuania (%) 13.1 Mar 2023 quarterly Mar 2007 - Mar 2023
Luxembourg (%) -8.3 Jun 2024 quarterly Mar 2008 - Jun 2024
North Macedonia (%) 4.7 Mar 2024 quarterly Mar 2001 - Mar 2024
Malaysia (%) 0.9 Jun 2024 quarterly Mar 2000 - Jun 2024
Malta (%) 4.1 Sep 2024 quarterly Mar 2001 - Sep 2024
Mexico (%) 9.2 Sep 2024 quarterly Mar 2006 - Sep 2024
Mongolia (%) 12.3 Sep 2024 quarterly Mar 2023 - Sep 2024
Montenegro (%) 12.8 Sep 2024 quarterly Mar 2012 - Sep 2024
Morocco (%) -0.4 Jun 2024 quarterly Mar 2007 - Jun 2024
Netherlands (%) 12.0 Nov 2024 monthly Jan 1996 - Nov 2024
New Zealand (%) 1.6 Jun 2024 quarterly Dec 1990 - Jun 2024
Norway (%) 3.3 Sep 2024 quarterly Mar 1993 - Sep 2024
Palestinian Territory (%) -0.6 Sep 2024 quarterly Mar 2019 - Sep 2024
Peru (%) 7.0 Dec 2021 quarterly Dec 2008 - Dec 2021
Philippines (%) 2.7 Jun 2024 quarterly Mar 2015 - Jun 2024
Poland (%) 16.3 Sep 2024 quarterly Dec 2006 - Sep 2024
Portugal (%) 9.8 Sep 2024 quarterly Mar 2010 - Sep 2024
Romania (%) 7.0 Sep 2022 quarterly Mar 2010 - Sep 2022
Russia (%) 11.8 Dec 2022 quarterly Mar 2006 - Dec 2022
Serbia (%) -5.0 Dec 2023 semiannually Jun 1995 - Dec 2023
Singapore (%) 4.4 Sep 2024 quarterly Mar 1976 - Sep 2024
Slovakia (%) 3.4 Sep 2024 quarterly Mar 2006 - Sep 2024
Slovenia (%) 7.9 Sep 2024 quarterly Mar 2008 - Sep 2024
South Africa (%) 7.3 Nov 2016 monthly Jan 1967 - Nov 2016
Spain (%) 4.0 Oct 2024 monthly Jan 2002 - Oct 2024
Sweden (%) 1.6 Sep 2024 quarterly Mar 1987 - Sep 2024
Switzerland (%) 1.9 Sep 2024 quarterly Mar 1971 - Sep 2024
Taiwan (%) 12.5 Sep 2024 quarterly Mar 2002 - Sep 2024
Thailand (%) 8.5 Sep 2021 monthly Mar 2009 - Sep 2021
Turkey (%) 29.4 Nov 2024 monthly Jan 2011 - Nov 2024
Ukraine (%) 10.5 Sep 2024 quarterly Mar 2017 - Sep 2024
United Kingdom (%) 3.7 Nov 2024 monthly Jan 1992 - Nov 2024
United States (%) 5.2 Sep 2024 quarterly Mar 1992 - Sep 2024

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North Macedonia Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -4.5 2022 yearly 1993 - 2022
Consolidated Fiscal Balance (USD mn) -685.568 2023 yearly 2009 - 2023
Tax Revenue (USD mn) 297.540 Oct 2024 monthly Jan 2004 - Oct 2024
Tax Revenue: % of GDP (%) 18.7 Sep 2024 quarterly Mar 2004 - Sep 2024
National Government Debt (USD mn) 8,185.4 Jun 2024 quarterly Dec 2009 - Jun 2024
Government Debt: % of GDP (%) 50.4 Sep 2024 quarterly Dec 2009 - Sep 2024
Forecast: Government Expenditure (MKD bn) 481.670 2029 yearly 1997 - 2029
Forecast: Government Net Debt (MKD bn) 703.720 2029 yearly 1999 - 2029
Forecast: Government Revenue (MKD bn) 445.403 2029 yearly 1997 - 2029
Central Government Budget: Revenue: TC: Tax: Excises (MKD mn) 2,570.000 Oct 2024 monthly Jan 2004 - Oct 2024
Central Government Budget: Expenditure: Capital (MKD mn) 1,415.000 Oct 2024 monthly Jan 2004 - Oct 2024
Central Government Budget: Revenue (MKD mn) 28,563.000 Oct 2024 monthly Jan 2004 - Oct 2024
Central Government Budget Balance (MKD mn) 1,121.000 Oct 2024 monthly Jan 2004 - Oct 2024
Central Government Budget: Expenditure: Current (MKD mn) 26,027.000 Oct 2024 monthly Jan 2004 - Oct 2024
Central Government Budget: Expenditure (MKD mn) 27,442.000 Oct 2024 monthly Jan 2004 - Oct 2024
Central Government Budget: Revenue: TC: Tax: VAT (MKD mn) 8,863.000 Oct 2024 monthly Jan 2004 - Oct 2024
Central Government Budget: Financing (MKD mn) -1,121.000 Oct 2024 monthly Jan 2004 - Oct 2024
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 4.913 2028 yearly 1993 - 2028
Trade Balance (USD mn) -306.6 Oct 2024 monthly Dec 1993 - Oct 2024
Total Exports (USD mn) 767.8 Oct 2024 monthly Jan 2002 - Oct 2024
Total Exports Growth (%) 7.9 May 2023 monthly Jan 2003 - May 2023
Aluminum: Exports (USD th) 3,509.780 2023 yearly 1995 - 2023
Exports: Medicament (USD th) 151,860.641 2023 yearly 1995 - 2023
Exports: Medicinal and Pharmaceutical Product (USD th) 2,231.062 2023 yearly 1995 - 2023
Total Imports (USD mn) 1,074.3 Oct 2024 monthly Jan 2002 - Oct 2024
Total Imports Growth (%) 3.5 Oct 2024 monthly Jan 2003 - Oct 2024
Imports: Medicament (USD th) 213,778.414 2023 yearly 1995 - 2023
Imports: Medicinal and Pharmaceutical Product (USD th) 79,238.625 2023 yearly 1995 - 2023
Total Exports to USA (USD mn) 16.230 Oct 2024 monthly Jan 1999 - Oct 2024
Total Imports from USA (USD mn) 19.374 Oct 2024 monthly Jan 1993 - Oct 2024
Total Exports to China (USD mn) 5.413 Oct 2024 monthly Jan 1999 - Oct 2024
Total Imports from China (USD mn) 115.734 Oct 2024 monthly Aug 1996 - Oct 2024
Exports: ytd: SITC: Mineral Fuels and Lubricants (USD th) 244,776.526 Oct 2024 monthly Jan 2003 - Oct 2024
Exports: ytd: SITC: Manufactured Goods (USD th) 831,427.048 Oct 2024 monthly Jan 2003 - Oct 2024
Exports: ytd: SITC: Beverages and Tobacco (USD th) 235,064.791 Oct 2024 monthly Jan 2003 - Oct 2024
Exports: ytd: SITC: Food Products (USD th) 493,231.667 Oct 2024 monthly Jan 2003 - Oct 2024
Exports: ytd: SITC: Miscellaneous Manufactured Articles (USD th) 827,262.748 Oct 2024 monthly Jan 2003 - Oct 2024
Exports: USA (USD th) 16,230.015 Oct 2024 monthly Jan 2013 - Oct 2024
Exports: Kosovo (USD th) 34,643.669 Oct 2024 monthly Jan 2013 - Oct 2024
Exports: Germany (USD th) 292,670.749 Oct 2024 monthly Jan 2013 - Oct 2024
Exports: Czech Republic (USD th) 29,677.691 Oct 2024 monthly Jan 2013 - Oct 2024
Exports: China (USD th) 5,412.587 Oct 2024 monthly Jan 2013 - Oct 2024
Exports: Bulgaria (USD th) 50,683.440 Oct 2024 monthly Jan 2013 - Oct 2024
Imports: ytd: SITC: Machinery and Transport Equipment (USD th) 2,523,778.058 Oct 2024 monthly Jan 2003 - Oct 2024
Imports: ytd: SITC: Manufactured Goods (USD th) 2,998,502.380 Oct 2024 monthly Jan 2003 - Oct 2024
Imports: ytd: SITC: Mineral Fuels and Lubricants (USD th) 1,161,623.848 Oct 2024 monthly Jan 2003 - Oct 2024
Imports: ytd: SITC: Chemical Products (USD th) 1,252,809.525 Oct 2024 monthly Jan 2003 - Oct 2024
Imports: ytd: SITC: Food Products (USD th) 956,903.433 Oct 2024 monthly Jan 2003 - Oct 2024
Imports: USA (USD th) 19,374.124 Oct 2024 monthly Jan 2013 - Oct 2024
Imports: Greece (USD th) 87,688.400 Oct 2024 monthly Jan 2013 - Oct 2024
Imports: Great Britain (USD th) 106,806.441 Oct 2024 monthly Jan 2013 - Oct 2024
Imports: Germany (USD th) 112,205.149 Oct 2024 monthly Jan 2013 - Oct 2024
Imports: China (USD th) 115,733.588 Oct 2024 monthly Jan 2013 - Oct 2024
Import Value Index (2015=100) 177.142 2021 yearly 1995 - 2021
Export Value Index (2015=100) 180.473 2021 yearly 1995 - 2021
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 18.4 Sep 2024 monthly Jan 2001 - Sep 2024
Current Account Balance (USD mn) 108.9 Mar 2023 monthly Jan 2001 - Mar 2023
Current Account Balance: % of GDP (%) 6.6 Sep 2024 quarterly Mar 2000 - Sep 2024
Foreign Direct Investment (USD mn) 103.5 Sep 2024 monthly Jan 2001 - Sep 2024
Foreign Direct Investment: % of GDP (%) 7.3 Sep 2024 quarterly Mar 2000 - Sep 2024
Foreign Portfolio Investment (USD mn) -73.664 Sep 2024 quarterly Mar 1998 - Sep 2024
Foreign Portfolio Investment: % of GDP (%) -1.7 Sep 2024 quarterly Mar 2000 - Sep 2024
Foreign Portfolio Investment: Equity Securities (USD mn) -3.0 Sep 2024 quarterly Mar 1996 - Sep 2024
Foreign Portfolio Investment: Debt Securities (USD mn) -70.708 Sep 2024 quarterly Mar 1998 - Sep 2024
External Debt (USD mn) 12,712.2 Jun 2024 quarterly Dec 2005 - Jun 2024
External Debt: % of GDP (%) 83.2 2023 yearly 2004 - 2023
External Debt: Short Term (USD mn) 3,434.1 Jun 2024 quarterly Dec 2005 - Jun 2024
External Debt: Short Term: % of GDP (%) 23.6 2022 yearly 2004 - 2022
Total Debt: % of GDP (%) 335.8 2023 yearly 2013 - 2023
Forecast: Current Account Balance (USD bn) -0.541 2029 yearly 1992 - 2029
Net International Investment Position (USD mn) -9,230.346 Jun 2024 quarterly Dec 2006 - Jun 2024
BoP: CA: SI: Debit (USD mn) 18.012 Sep 2024 monthly Jan 2001 - Sep 2024
BoP: CA: GS: Services (USD mn) 89.360 Sep 2024 monthly Jan 2001 - Sep 2024
BoP: CA: SI: Credit (USD mn) 241.189 Sep 2024 monthly Jan 2001 - Sep 2024
BoP: CA: Primary Income (PI) (USD mn) -72.215 Sep 2024 monthly Jan 2001 - Sep 2024
BoP: CA: Credit (USD mn) 1,193.676 Sep 2024 monthly Jan 2001 - Sep 2024
BoP: FA: OI: Net Acquisition of Financial Assets (USD mn) 12.514 Sep 2024 monthly Jan 2001 - Sep 2024
BoP: FA: PI: Net Incurrence of Liabilities (USD mn) -75.450 Sep 2024 monthly Jan 2001 - Sep 2024
BoP: FA: Financial Derivatives & Employee Stock Options: excl Reserves (USD mn) 0.000 Sep 2024 monthly Jan 2001 - Sep 2024
BoP: Net Errors & Omissions (USD mn) -0.117 Sep 2024 monthly Jan 2001 - Sep 2024
BoP: FA: PI: Net Acquisition of Financial Assets (USD mn) 16.989 Sep 2024 monthly Jan 2001 - Sep 2024
BoP: FA: Reserve Assets (USD mn) -105.998 Sep 2024 monthly Jan 2001 - Sep 2024
BoP: FA: DI: Net Acquisition of Financial Assets (USD mn) 18.359 Sep 2024 monthly Jan 2001 - Sep 2024
BoP: Capital Account (USD mn) 0.000 Sep 2024 monthly Jan 2001 - Sep 2024
BoP: CA: Debit (USD mn) 1,141.451 Sep 2024 monthly Jan 2001 - Sep 2024
Balance of Payments (BoP): Current Account (CA) (USD mn) 52.225 Sep 2024 monthly Jan 2001 - Sep 2024
BoP: Capital Account: Credit (USD mn) 0.000 Sep 2024 monthly Jan 2001 - Sep 2024
BoP: CA: Secondary Income (SI) (USD mn) 223.177 Sep 2024 monthly Jan 2001 - Sep 2024
BoP: CA: PI: Debit (USD mn) 94.128 Sep 2024 monthly Jan 2001 - Sep 2024
BoP: FA: Portfolio Investment (PI) (USD mn) 92.440 Sep 2024 monthly Jan 2001 - Sep 2024
BoP: CA: GS: Services: Credit (USD mn) 272.566 Sep 2024 monthly Jan 2001 - Sep 2024
BoP: Financial Account (FA) (USD mn) 52.108 Sep 2024 monthly Jan 2001 - Sep 2024
BoP: CA: PI: Credit (USD mn) 21.913 Sep 2024 monthly Jan 2001 - Sep 2024
BoP: FA: Direct Investment (DI) (USD mn) -85.102 Sep 2024 monthly Jan 2001 - Sep 2024
BoP: FA: Other Investment (OI) (USD mn) 150.768 Sep 2024 monthly Jan 2001 - Sep 2024
BoP: CA: GS: Goods (USD mn) -188.096 Sep 2024 monthly Jan 2001 - Sep 2024
BoP: CA: GS: Services: Debit (USD mn) 183.206 Sep 2024 monthly Jan 2001 - Sep 2024
BoP: CA: GS: Goods: Debit (USD mn) 846.105 Sep 2024 monthly Jan 2001 - Sep 2024
BoP: Capital Account: Debit (USD mn) 0.000 Sep 2024 monthly Jan 2001 - Sep 2024
BoP: FA: DI: Net Incurrence of Liabilities (USD mn) 103.462 Sep 2024 monthly Jan 2001 - Sep 2024
BoP: FA: OI: Net Incurrence of Liabilities (USD mn) -138.254 Sep 2024 monthly Jan 2001 - Sep 2024
BoP: CA: GS: Goods: Credit (USD mn) 658.008 Sep 2024 monthly Jan 2001 - Sep 2024
Gross External Debt: GG: Long Term (LT) (EUR mn) 3,796.950 Jun 2024 quarterly Mar 2006 - Jun 2024
Gross External Debt: GG: Short Term (ST) (EUR mn) 0.050 Jun 2024 quarterly Mar 2006 - Jun 2024
Gross External Debt: MI: Private (EUR mn) 6,143.841 Jun 2024 quarterly Mar 2006 - Jun 2024
Gross External Debt: Memorandum Items (MI): Public (EUR mn) 5,731.129 Jun 2024 quarterly Mar 2006 - Jun 2024
Foreign Direct Investment (FDI): Flow (USD mn) 99.687 Sep 2024 monthly Jan 2007 - Sep 2024
FDI: Flow: NACE 2: Agriculture, Forestry & Fishing (EUR mn) 11.308 Sep 2024 quarterly Mar 2009 - Sep 2024
FDI: Flow: NACE 2: Mining & Quarrying (EUR mn) -9.318 Sep 2024 quarterly Mar 2009 - Sep 2024
FDI: Flow: NACE 2: Manufacturing (EUR mn) 139.153 Sep 2024 quarterly Mar 2009 - Sep 2024
FDI: Flow: NACE 2: Construction (EUR mn) 58.425 Sep 2024 quarterly Mar 2009 - Sep 2024
FDI: Flow: NACE 2: Services (EUR mn) 22.363 Sep 2024 quarterly Mar 2009 - Sep 2024
FDI: Flow: United States of America (EUR mn) -0.789 Jun 2024 quarterly Mar 2008 - Jun 2024
FDI: Flow: Austria (EUR mn) -0.750 Jun 2024 quarterly Mar 2008 - Jun 2024
FDI: Flow: Belgium (EUR mn) 11.059 Jun 2024 quarterly Mar 2008 - Jun 2024
FDI: Flow: Turkey (EUR mn) 11.737 Jun 2024 quarterly Mar 2008 - Jun 2024
FDI: Flow: United Kingdom (EUR mn) 58.761 Jun 2024 quarterly Mar 2008 - Jun 2024
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 3.0 Jun 2024 quarterly Dec 2005 - Jun 2024
Household Debt: % of GDP (%) 26.0 Sep 2024 quarterly Mar 2003 - Sep 2024
Non-Performing Loans (USD mn) 247.094 Jun 2024 quarterly Dec 2005 - Jun 2024
Money Supply M1 (USD mn) 4,637.474 Nov 2024 monthly Jan 2003 - Nov 2024
Money Supply M2 (USD mn) 8,316.380 Nov 2024 monthly Jan 2003 - Nov 2024
M2 Growth (%) 6.5 Nov 2024 monthly Jan 2004 - Nov 2024
Reserve Requirement Ratio (%) 8.0 Oct 2024 monthly Jan 2004 - Oct 2024
Foreign Exchange Reserves (USD mn) 4,598.3 Nov 2024 monthly Dec 1993 - Nov 2024
Foreign Exchange Reserves: % of GDP (%) 25.563 Sep 2024 quarterly Dec 2000 - Sep 2024
Foreign Exchange Reserves: Months of Import (NA) 4.4 Oct 2024 monthly Jan 2002 - Oct 2024
Gold Reserves (USD mn) 590.454 Nov 2024 monthly Dec 1992 - Nov 2024
Total Deposits (USD mn) 9,776.867 Nov 2024 monthly Jan 2003 - Nov 2024
Total Deposits Growth (%) 11.0 Nov 2024 monthly Jan 2004 - Nov 2024
Domestic Credit (USD mn) 9,261.3 Nov 2024 monthly Jan 2003 - Nov 2024
Domestic Credit Growth (%) 5.6 Nov 2024 monthly Jan 2004 - Nov 2024
Household Debt (USD mn) 4,232.2 Nov 2024 monthly Jan 2003 - Nov 2024
Total Loans (USD mn) 8,253.021 Nov 2024 monthly Jan 2003 - Nov 2024
Total Loans Growth (%) 9.67 Nov 2024 monthly Jan 2004 - Nov 2024
Private Debt: % of Nominal GDP (%) 49.85 Sep 2024 quarterly Mar 2003 - Sep 2024
Official Reserve Assets (EUR mn) 4,920.001 Nov 2024 monthly Jan 2005 - Nov 2024
Official Reserve Assets: Foreign Currency (EUR mn) 4,359.807 Nov 2024 monthly Jan 2005 - Nov 2024
Business and Economic Survey Last Frequency Range
Business Confidence Growth (% Point) -2.9 Dec 2022 monthly Apr 2002 - Dec 2022

More Indicators for North Macedonia

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