New home sales dropped for the fourth straight month in April, offering up another sign that the housing market is starting to slow.

The drop adds to a host of other recent metrics showing the once-blistering hot housing market is starting to cool as many homebuyers are priced out by mortgage rates that remain at 13-year highs.

The new home sales figures echo data from the Mortgage Bankers Association that showed the volume of mortgage applications for new home purchases dropped in April versus a year ago and was down 14% from March.