According to the National Association of Realtors, existing home sales for the month of April dropped 1.9% month over month versus an expected decline of 0.8%. With higher mortgage rates and lofty price tags, what does this signal for the larger housing market?

Yahoo Finance Reporter Dani Romero joins Wealth! to break down the existing home sales numbers.

For more expert insight and the latest market action, click here to watch this full episode of Wealth!

This post was written by Nicholas Jacobino