Existing-home sale prices fall at the sharpest annual pace in over a decade

Prices for previously owned homes fell by 1.7 percent in April, even sharper than the 1 percent price decline in March, according to data released Thursday by the National Association of Realtors, which said the median price for an existing home in April was $388,800. The housing market has been in a slowdown because of the Federal Reserve's aggressive interest…