Florida's housing market is expected to cool in 2026, with an average 1.9% decline in home prices across its eight largest metros, except Miami, which may see a 1.1% increase. The Gulf Coast faces the steepest drops, driven largely by a condo market slump due to rising insurance and HOA fees. New construction and shifting demand, including a slowdown in remote work, also influence prices. Affordability remains challenging, especially for single-family homes.