Polymarket teams up with Parcl to launch a real estate prediction market. Is going long or short on housing prices just a click away?

Forecasting market giant Polymarket shifts focus from politics and sports to real estate, collaborating with on-chain housing data platform Parcl. Users can directly bet on the price index fluctuations of major U.S. cities, bringing positive impacts to speculation, hedging, and price discovery in the housing market.

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Polymarket Partners with Parcl to Create Derivatives for Real Estate

Polymarket announced a collaboration with on-chain real estate platform Parcl, launching a housing price prediction market within its interface. Using Parcl’s daily provided housing price indices for major U.S. cities, Polymarket will open markets for direct bets on whether housing prices will rise or fall, such as “What will be the median housing price in a certain city on a monthly, quarterly, or yearly basis?”

Currently, six markets are open for user trading, including cities like the U.S. overall, Los Angeles, San Francisco, and New York, though trading volume remains relatively low.

It is understood that Parcl was founded during the 2020 pandemic, establishing a scalable, multi-city, real-time updated housing price data structure through publicly available property sales and rental records. Polymarket states that Parcl’s daily indices provide verifiable pricing information, offering a transparent basis for settlement.

Multiple Functions of Housing Prediction Markets: Speculation, Hedging, and Price Discovery

Polymarket positions its housing prediction markets as “a simpler channel for housing market trading.” Besides allowing third-party speculators to bet on future city housing trends, it can also serve as a hedging tool for stakeholders.

Specifically, builders can hedge against future buying momentum, while landlords or real estate investors can use market expectations to assist decision-making. These high-frequency betting data can also contribute to price discovery of the true value of real estate.

This collaboration will transform housing prices from fixed assets into financial derivatives, enabling long and short positions and hedging strategies. It also signals the future feasibility of tokenizing real estate.

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Prediction Markets Going Global: Rapid Expansion from 2025 to 2026

With the 2024 U.S. presidential election, the popularity of prediction markets is soaring. Kalshi and Polymarket have become hot topics in the investment world, both raising funds in 2025 with valuations between $11 billion and $15 billion.

Meanwhile, both platforms are forming partnerships with major corporations to expand their reach. Kalshi has partnered with CNN and Google Finance, while Polymarket has teamed up with DraftKings, UFC, and Yahoo, promoting adoption across news, sports, and entertainment categories.

These moves demonstrate that prediction markets are gaining support from institutions and media brands, becoming a new infrastructure for widespread participation.

Bringing Cities onto the Blockchain: The Next Battlefield for Housing Price Prediction Markets

Through integration with Parcl, Polymarket is bringing the large and historic U.S. real estate market onto the blockchain, transforming it into an instantly tradable financial asset.

As more cities are integrated in the future, housing price prediction markets will enable global investors to participate in city economic trends through long and short positions, potentially becoming another bridge between the crypto world and the real market.

This article about Polymarket teaming up with Parcl to launch real estate prediction markets—making it possible to long and short housing prices with a single click—first appeared on Chain News ABMedia.