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“When the first lockdown hit in March, I certainly don’t think anyone though that there would be pretty much no price decline in most of Australia,” Ms Conisbee told Sky News. “So … going into the pandemic, and where we ended up at the end of the year, it certainly has been surprising.” Ms Conisbee said first home buyers were the most active group during 2020. “A lot of it had to do with the five per cent deposit scheme that was introduced in January,” she said.
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This is before gov support payments are wound down.