We have seen that good houses are selling pretty quick while those that may have issues with condition or location are taking longer to sell unless the price is discounted considerably.
What is the forecast for 2015? Well the cold and snowy winter has delayed some sales. Market activity was fairly slow in January, February and March. However now that spring has arrived we are seeing a lot of activity. More houses coming on the market and more offers being made. I think that if we see any increases in value, it will be smaller than the last 2 years and probably in the range of 2% to 5%. I think that the market will be active throughout the year.