Polymarket and Parcl bring real estate data to prediction markets
News
Parcl and Polymarket have entered into a partnership to introduce real estate prediction markets that will settle against Parcl’s daily housing price indexes, bringing housing price data into prediction markets for the first time.
Under the agreement announced Monday, Polymarket will list and manage markets tied to movements in housing price indices, while Parcl will provide the index data that determines market outcomes and settlement values.
Each market will reference a Parcl resolution page that displays the final settlement value, historical index readings, and the methodology used to calculate the index, establishing a standardized source for validating results after markets close.
The initial launch will concentrate on major US housing markets, with contracts structured around whether local home price indexes rise or fall over set timeframes, as well as threshold-based outcomes linked to published index levels.
The companies said the rollout will occur in phases, beginning with a limited set of high-liquidity US cities and expanding to additional markets and contract types over time.
Parcl, founded in the early months of the COVID-19 pandemic amid heightened housing market volatility, publishes real-time housing price indexes and analytics and offers onchain products tied to residential real estate prices, using Solana for settlement.
Parcl’s native token, PRCL, was up about 120% over the past 24 hours at time of writing, according to CoinGecko data.
Source: CoinGecko
Polymarket is a prediction market platform where users trade on real-world events, spanning sports and politics to projections for Bitcoin’s price on specified dates.
Prediction markets expand in 2025-2026
Following a surge in user activity around the 2024 US presidential election, prediction markets such as Kalshi and Polymarket became a mainstream theme in crypto in 2025.
Both platforms announced high-profile partnerships during the year, including Kalshi’s agreement with CNBC and Polymarket’s partnerships with DraftKings, the Ultimate Fighting Championship, and PrizePicks.
In September, Polymarket was reported to be considering a US launch while seeking new funding at a valuation of up to $10 billion. The talks followed a reported $200 million raise in June led by Founders Fund, the investment firm co-founded by Peter Thiel.
In November, Kalshi was reported to have raised $1 billion, valuing the company at roughly $11 billion, with Sequoia Capital and CapitalG leading the round. That financing followed a $300 million funding round in October.
Polymarket bets. Source: Polymarket
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