Polymarket, the online prediction market, has teamed with Parcl, the real-time housing data and on-chain real estate platform, in an endeavor that will introduce real estate markets into Polymarket’s betting forums.
According to a statement from the companies, the partnership will “introduce housing-focused markets that settle against Parcl’s published price indices, giving traders and analysts an objective, data-driven reference point for forecasting where home prices are headed. Polymarket will list and operate the markets; Parcl will provide independent index data and settlement reference values designed for transparent verification.”
The endeavor will initially aim at major US housing markets, focusing on index movement across defined periods. Each market will reference a dedicated Parcl resolution page showing the final settlement value, historical index context, and the methodology used to calculate the index.
In launching this endeavor, the companies said housing was “the largest asset class in the world,” adding their partnership will offer “a simpler way to trade housing outcomes, with clear settlement rules and public, auditable resolution data.”
“Prediction markets are gaining substantial momentum and represent a paradigm shift in how views are expressed, and truth is identified,” said Trevor Bacon, CEO of Parcl. “Parcl is the source of truth for real-estate pricing, and we believe real estate should be a major category within the prediction-market ecosystem. Polymarket is a pioneer in the space, and we’re excited to partner with them.”
“Prediction markets work best when the data is clear, and the outcome can be verified without debate,” added Matthew Modabber, chief marketing officer of Polymarket. “Parcl’s daily housing indices give us a strong foundation to launch housing markets that settle transparently and consistently. Real estate should be a first-class category in prediction markets, and this partnership is how we get there.”
