April US home sales fell as low inventory pushed up prices

FILE - In this Oct. 6, 2020 file photo, a real estate brokerage sign stands in front of a house in Norwood, Mass. Sales of previously occupied U.S. homes fell in March for the second straight month as buyers grappled with a stubbornly low inventory of available properties and fierce competition pushed prices to new highs. The National Association of Realtors said Thursday, April 22, 2021 that existing home sales fell 3.7% last month from February to a seasonally-adjusted rate of 6.01 million annualized units. (AP Photo/Steven Senne)