America’s housing market continued to cool this summer as high interest rates keep buyers at bay. But there are some markets that are still growing amidst the doom and gloom.

Home values suffered a precipitous drop from July to August, falling by 0.3%, according to Zillow’s housing most recent market report. It’s the largest month-to-month fall since 2011. Experts have already declared a housing recession is upon us.

And more bad news came Wednesday when the Federal Reserve announced another supersized rate hike, throwing even colder water on the housing market. A 30-year-mortgage rate is now above 6%, a chilling perspective for anyone hoping to buy or sell.

According to the Fed Fed Chair Jerome Powell, “I’d say if you are a homebuyer, somebody or a young person looking to buy a home, you need a bit of a reset. We need to get back to a place where supply and demand are back together and where inflation is down low again, and mortgage rates are low again,”