Home prices have dropped the most in 11 years with soaring mortgage rates driving away would-be buyers
The US housing market has slowed down over the past year, with soaring mortgage rates driving away would-be buyers.Getty Images/Mark Wilson The median US home price fell nearly 2% year-over-year in April, the National Association of Realtors said. That’s the sharpest drop since January 2012. The housing market slowdown comes as soaring mortgage rates push …