Doomed again

[Bagpuss]

You're a little simple and slow aren't you?
The BofE is obviously trying to engineer rates so the rate of house price inflation slows rather than that there are outright falls. That's the balancing act they are trying to accomplish - slow prices rises to single figures under 5% a year for a period of time.
So to answer your question, it depends whether they're subtle enough and what their timing is.
Falls in house prices are in nobody's interest (except for people like me who are mortgage free and cash rich).

Obviously not as simple and slow as you, prices are already falling, the data they base their decisions on is time lagged, therefore they always overcook it. The last rate rise hurt, the next could tip the scales , it's there for everyone but the Dodos of this world to see, infact you are probably about to buy

 

[sasguru]

... infact you are probably about to buy

How much money have you made from property over the years then?