The Florida realtors have their June numbers out. "Rising mortgage rates, rising inventory levels, rising insurance premiums and higher energy costs impacted Florida's housing sector in June, as the state's housing market continued to adjust. A total of 18,089 existing single-family homes sold statewide last month, a decrease of 29 percent from the 25,552 homes sold during the previous June, according to FAR."

"Looking to Florida's existing condominium market, sales of existing condos also decreased in June, with a total of 5,241 condos sold statewide compared to 8,109 in June 2005 for a 35 percent decrease."

"Sales of existing homes in Palm Beach County and the Treasure Coast posted their seventh straight monthly decline in June, emphatically breaking the boom of five bustling years of real-estate sales, according to a FAR report."

"Sales in Palm Beach County plunged 39 percent, to 947 from 1,551 in June 2005, according to the report. In the Treasure Coast, sales declined 33 percent, to 513 from 768 in June 2005. Meanwhile, Palm Beach County inventory is up. There's an eight-month supply of existing homes at the current sales pace, according to industry analyst Thomas Lawler."

"Indeed, every market in the state posted double-digit sales drops last month, save for two smaller cities: Tallahassee, down 7 percent, and Jacksonville, down 3 percent, the report shows."

"Conditions in the condo market are deteriorating faster than in the market for single-family homes. Existing-condo sales in June fell 41 percent in Palm Beach County, 50 percent in the Treasure Coast and 35 percent statewide, year over year."

"Median home sales prices in both Lee and Collier counties dipped last month compared to June 2005. With builders cutting back on new inventory release and offering incentives to jump-start slowing sales of new homes, it has forced sellers of existing homes to bring down their expectations as well."

"Realtors sold 57 condos last month, which is down from 109 in June 2005. Inventory levels in Lee County that had started to show just the slightest stabilization also grew last month, up to about 12,053 listings and 1,343 pending in single-family. That is a 12.97-month supply of single-family homes. There are 7,387 condos listed for sale and 591 pending in condos, a 14.17-month supply."

"Home sales continued to fall in the double digits in Southwest Florida and prices were giving ground. Sales were down 40 percent in the Sarasota-Bradenton market in June. Homes in the Charlotte County-North Port market dropped 34 percent."

"The median sales price of an existing home in Lee County fell in June, the first year-over-year decline in seven years, according data released today. The median sales price of an existing single-family home in Lee County was down five percent from $281,000 in June 2005. Just 891 single-family homes in Lee County were sold by Realtors in June, down 31 percent from the same period last year."

"Collier County saw even steeper declines, with the median selling price falling 8 percent to $451,500 and sales fell 48 percent to 274. Condominium sales were also down 66 percent in Lee. Collier condominium sales fell 48 percent to just 57 sales."