North Macedonia House Price Index
North Macedonia's House Price Index hit an all-time high of 193 points in Q3 2025. This is an increase from 185 points in Q2 2025, representing a 4.3% rise. Real residential property prices increased by 18.23% year-on-year in Q2 2025. Lending activity to households accelerated by June 2025 with total loans to the private sector growing by 13.0% annually. Economic growth is expected at 3.3% for 2025, driven by domestic demand and public investment. North Macedonia's record low House Price Index was 91.41 points in Q1 2017 and record high was 193 points in Q3 2025.
Quarterly Historical Data (2015-2025)
(in points)North Macedonia House Price Index : Definition
The North Macedonia house price index measures changes in residential property values across North Macedonia. It is calculated using actual transaction prices, often adjusted for property characteristics and location. The index tracks average price level fluctuations relative to a base value.