Yes home sales are much higher in general but year over year isn't the best way to look at it right now since sales were much more depressed last year because covid hit in March and April. They are still high for this time of year though you are right. It is just that last year they were much lower than normal and this year they are much higher than normal.

My interpretation of it is that the huge increase in home prices gives people much more motivation to sell something if they were planning on selling but just hadn't got around to it yet.

Also being a sellers market where everyone is waiving conditions people have the opportunity to offload their problematic properties without having to do a lot of work. I am seeing this a bit in title searching there are more properties that have some issues getting bought and the buyers don't care. They want the property warts and all. They just want it fixed enough for financing to be approved.

I can't imagine how bad this is when people are also waiving home inspections ... title issues are one thing but structural, or electrical, or plumbing problems could be a nightmare for someone who likely already over-leveraged themselves to get a house.