Home prices hit a record high in May despite falling demand and sales activity, The Wall Street Journal reported on Friday. The national median home price in the United States is now $419,300, a 5.8% increase from a year earlier and a new record high, according to the The Wall Street Journal. The record high comes as homeowners remain unwilling to list due to high mortgage rates. Housing demand has also been falling due to a lack of affordability – sales of previously owned homes decreased 0.7% month-over-month in May – but not at a fast enough rate to counteract limited housing inventory. Rea…