Auction clearance rates are strong in many areas and turnover is good, according to figures from Australian Property Monitors.
Australian Property Monitors head of research Yvonne Chan says the research showed that auction clearance rates in capital cities was staying strong.
"Although medium prices have shown a small growth month on month since the beginning of this year, the activity level is fairly high, mainly due to the record low interest rates and an extension of the first-home buyers grant," she said.
"From other indicators, such as average days on market, units seem to be performing better than houses. This is the more affordable property type."
Kevin Lee, of Smartline mortgages, can see the increase in first home buyers in the market, saying the boost to the First Home Buyer Grant has pushed many buyer out into the market and are now on their way to owning their first home.