House prices are rising at the slowest pace in a year with only Sydney, Brisbane, Perth and Hobart posting an increase in November.

Only Sydney, Brisbane, Perth and Hobart posted property value increases in November, as average prices fell by 0.3 per cent. Melbourne suffered the steepest monthly drop, of 2.6 per cent, with prices also declining in Adelaide, Canberra and Darwin, the CoreLogic RP Data home value index showed. The 8.5 per…