Parcl and Polymarket have teamed up to introduce real estate prediction markets tied to Parcl’s housing price indexes. Polymarket will operate markets connected to housing price movements, while Parcl will supply data for market outcomes. The initial focus will be on US housing markets, expanding gradually to other markets.

Parcl, founded during the pandemic, offers real-time housing price indexes and uses Solana for settlement. Its native token, PRCL, surged 120% in 24 hours. Polymarket, a prediction market platform, involves users trading on real-world events like sports and politics, expanding significantly in 2025.

Prediction markets like Polymarket and Kalshi gained popularity after the 2024 US election. Polymarket secured partnerships with DraftKings, UFC, and PrizePicks. In 2025, Polymarket was looking at a US launch with a valuation of up to $10 billion. Kalshi raised $1 billion, valuing the company at around $11 billion.

Read more at Cointelegraph: Polymarket partners with Parcl to launch housing prediction markets