Lilit Amirkhanian/Getty, Tyler Le/BI
- The US median home price hit a record high of $407,600 in April, according to the National Association of Realtors.
- With prices and interest rates high, Americans have been struggling to find affordable homes to buy.
- But prospective homebuyers waiting for mortgage rates to fall could be making a mistake.
Home prices reached record highs in April, according to a new report from the National Association of Realtors.