Since November of last year, home price increases continue to slow down.
Home prices continued to rise in May, though more slowly, CNN Money reports. After reaching a peak 13.7 percent increase last November, the pace of the increases has slowed every month since.
Now that rents are on the rise and securing a mortgage is becoming easier, Millennials are expected to start purchasing homes in 2015, according to CNN.
The number of foreclosures climbed in October, as mortgage lenders begin to make their way through the paperwork problems that had delayed new filings for much of the last year.