Recent data shows that existing home sales in the US have declined for the second month in a row. This decrease is attributed to higher mortgage rates and house prices, which are a result of a tight supply of homes.

Further information on this trend is available from national news sources, including a report from Reuters. The report provides details on the current state of the US housing market, citing factors that are contributing to the decline in existing home sales.

For those interested in learning more about the current housing market and its trends, the full report can be found through the Galveston County Daily News or other news outlets.