House prices have crumbled to their lowest level in more than 11 years as soaring soaring mortgage rates take a sledgehammer to the American Dream.Existing home sales - the majority of the market - plunged 3.4 percent in April from the month before to a seasonally adjusted annual rate of 4.28 million, the National Association of Realtors said Thursday. April sales were down more than a fifth on last year.The median existing house price fell 1.7 percent from a year earlier to $388,800 in April. Still, markets in the Northeast and Midwest regions reported price gains.
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