SWFL housing markets rank among weakest in forecast | GB Daily

The Cape Coral-Fort Myers and Naples-Marco Island housing markets rank among the weakest in the nation, according to Veros Real Estate Solutions’ Q1 2026 forecast. Cape Coral-Fort Myers is projected to see home values decline 2.7% over the next year, the steepest drop among major U.S. markets, while Naples-Marco Island is forecast to fall 1.7%. The declines reflect affordability pressures, rising insurance costs and increased housing supply in Southwest Florida. Nationally, home prices are expected to rise just 1.3% over the next 12 months as higher oil prices push mortgage rates back to about 6.4%, slowing buyer demand. The report highlights a cooling housing market, with buyers delaying purchases amid rising costs and economic uncertainty.