Market trends

Interest rates and the Skopje housing market, plus Ohrid, from official sources and listing data.

Average lending rate, Aug 2026

4.67%

−0.23 pts vs a year earlier

Skopje apartment prices, Q2 2026 (YoY)

+13.3%

Down from +16.6% in Q1 2026

Property sales, Q2 2026

€352M

+27.3% vs previous quarter

Rental transactions, Q2 2026

€1.2M

+9.0% vs previous quarter

Average lending interest rate

Average annual rate on total outstanding bank loans, from NBRM’s monthly releases: quarter-end months, then the latest month.

4.54.74.95.15.3Mar 2025Jun 2025Sept 2025Dec 2025Mar 2026Jun 20264.67%Aug 2026

Skopje apartment prices

Year-over-year change in NBRM's Skopje apartment price index, published quarterly.

0102030+19.5%Q1 2025+19.9%Q2 2025+25.1%Q3 2025+25.0%Q4 2025+16.6%Q1 2026+13.3%Q2 2026

Skopje: apartment prices per m²

Two measures: what sellers ask in listings, and what buyers pay according to registered sale contracts. Registered prices are usually lower — sales are often agreed below the asking price, and declared contract prices tend to be understated.

Asking price in listings

€2,153/m²

Average of active listings, 30 Aug 2026 · about €1,670/m² in 2025

Highest registered sale, H1 2026 (Jan–Jun)

€3,360/m²

A 50 m² apartment in Centar, sold for €168,000

Registered sale prices (from contracts), H1 2026 (Jan–Jun)

Average price per m² declared in sale contracts, from the Cadastre’s price registry. The report names the three highest municipalities in each category.

Older apartments

  • Centar€1,547/m²
  • Aerodrom€1,532/m²
  • Karpoš€1,523/m²

New apartments from developers

  • Centar€1,712/m²
  • Karpoš€1,167/m²
  • Gjorče Petrov€1,062/m²

Ohrid: apartment prices per m²

From the Cadastre’s price registry. Its 2026 reports give Ohrid’s top sale but no average yet, so the average is the latest one published.

Highest sale, Q2 2026 (Apr–Jun)

€3,200/m²

Older apartment, 66 m², sold for €211,200

Average price, H2 2025 (Jul–Dec)

€1,270/m²

78,100 MKD/m², at NBRM’s fixed rate of 61.5 denars

Sources

Collected from official publications as of 2026-10-04.