Florida's housing market corrections have eased in 2026, with some metros showing mild price gains. After significant post-pandemic price surges, markets like Punta Gorda and Cape Coral saw notable declines but are now stabilizing. Factors such as slowed migration, stricter condo rules, hurricane impacts, increased supply, and rising insurance costs contributed to the earlier downturn. Inventory is declining in hard-hit areas, signaling improving fundamentals and reduced downside risk, though some correction remains in parts of Southwest Florida.