Polymarket Partners with Parcl to Launch On-Chain Housing Prediction Markets

New updates have been reported about Polymarket.

Polymarket is expanding its product set into real estate by partnering with Parcl to power a new suite of housing-focused prediction markets, using Parcl’s daily home price indices as the definitive settlement source. Under the agreement, Polymarket will design, list, and operate markets tied to movements in major U.S. housing indices, while Parcl supplies independent, on-chain price benchmarks and final resolution values, enabling transparent, objective settlement. The initiative targets housing—the world’s largest asset class—but removes traditional frictions such as leverage, long holding periods, or asset-level complexity, allowing traders to express directional views on home prices through Polymarket’s existing event-market infrastructure. Polymarket’s Chief Marketing Officer Matthew Modabber emphasized that prediction markets are most effective when outcomes can be verified without ambiguity, positioning Parcl’s indices as critical infrastructure to scale real estate into a “first-class category” on the platform.

Initial Polymarket listings will focus on large U.S. metros, with contracts structured around whether a city’s index ends a month, quarter, or year higher or lower, as well as threshold-style payoffs based on specific index levels. Each market will include a link to a Parcl resolution page that publishes the final index value, historical context, and methodology, giving market participants a single verifiable reference point and reducing settlement disputes. The rollout will occur in phases, beginning with a curated group of high-liquidity cities and expanding to more metro areas and index-based market types based on observed demand and trading activity. Polymarket and Parcl also plan to co-develop standardized templates and tooling for consistent terms, dates, and resolution logic across real estate markets, supporting scalability and institutional-grade transparency. For Polymarket, the partnership opens a new, data-driven category that can increase user engagement, deepen liquidity, and further position the platform as a venue for trading views on macroeconomic and asset-price outcomes, not just political or event-driven risk.