House prices have risen in most of Australia's major capital cities while auction clearance rates have increased in all but two.

The battle for top ranking in annual median home price movements continues between Melbourne and Sydney, with their prices up 15.5 per cent and 13.1 per cent, respectively. Meanwhile, Brisbane recorded a 3.7 per cent annual lift and Adelaide prices rose 2.2 per cent, but Perth fell 2.4 per cent,…