Peaking Early?

The Express wonders if the rise in the cost of living is going to bring house prices down. So do a lot of other papers, but to a man, the estate agents are pooh-poohing it and waffling on about "supply shortages" and "high demand". Even though the Express leads with Jonathan Rolande, from the National Association of Property Buyers (WTF are they?) saying
“However, 2022 isn’t shaping up as many had hoped and instead of a potential four percent to six percent rise this year, we will likely see much reduced growth, nationally of around two percent to three percent. This is lower in fact than general inflation will be, so in real terms, this a reduction."
it's soon business as usual with a link to Thinking of selling? Why now is the ‘best ever’ time to sell your property
Now, if people have less to spend and food and fuel cost more, then it is a logical deduction that they will be spending less on housing and that prices will start to fall in absolute terms, as well as in real terms, despite what the agents say. Indeed, there is anecdotal evidence that prices are high, but interest is low, which is a sign that the market has peaked.
Have the Tories finally committed the unforgiveable political sin?