Sticky mortgage rates and rising inflation fueled by the Iran war are testing the limits of the spring housing market’s resilience, but there is a silver lining for buyers as home prices in May experienced their steepest annual drop in at least nine years. The national median listing price has been falling for seven consecutive months, and in May it plunged 2.4% year over year to $429,500, represen…
Home Prices Post Sharpest Drop in Nine Years as Sellers Face Reality Check
