Nominal growth of residential property prices in the local currency reached 3.42% in 2017 in Macedonia, according to the National Statistical Office. This is 503% more than in the previous year.
Historically, nominal growth of residential property prices in the local currency in Macedonia reached an all time high of 25.3% in 2008 and an all time low of -7.85% in 2009.
Macedonia has been ranked 43rd within the group of 71 countries we follow in terms of nominal growth of residential property prices in the local currency.
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