Home sales fell for the 18th straight month in September, according to the latest Market Update from the Houston Association of REALTORS®.

Amid sky-high mortgage rates, single-family home sales fell 10.9% year over year, allowing inventory to climb to a 3.5-month supply. That’s the highest supply since November 2019. Days on market, meanwhile, rose from 37 to 45 days.

“September was a rather lackluster month on the sale side of Houston real estate, and with the holidays approaching, we probably won’t see much improvement, as this is traditionally a slow time of the year for our industry,” HAR Chair Cathy Treviño said in the report. “Rental homes continue to draw strong interest from consumers, and it will be interesting to see if that flourishes throughout the holiday season, as would-be buyers remain skittish over mortgage rates.”

Home prices continued to balance, with the average climbing 0.8% to $416,664, and the median falling 2.2% to $333,000. Those figures are both below the all-time highs of $438,250 in May 2022 and 354,000 in June 2022, respectively.