Canberra is only capital in Australia to see prices rise in January, latest index shows

Every capital city in Australia apart from Canberra saw property prices fall month on month in January with only Hobart, Adelaide and Canberra recording annual growth, the latest index shows.
Overall, nationally prices fell by 1% month on month and are 5.6% below a year ago at a median value of $528,553, but Sydney and Melbourne are seeing significant price falls, according to the CoreLogic home index.
Prices have not fallen cumulatively by 6.1% since the market peaked in October 2017. The national index has fallen over 13 of the past 15 months and national dwelling values are now back to levels last seen in October 2016.