Polymarket Expands into Real Estate Prediction Markets with Parcl Partnership

Prediction market platform Polymarket is venturing into real estate with a new partnership targeting housing price indices. The collaboration with Parcl will create crypto-native markets settled against daily city-level housing data, bypassing traditional monthly reports. This marks Polymarket's strategic pivot beyond political and macroeconomic speculation.

Trevor Bacon, CEO of Parcl, framed the MOVE as part of a broader shift: 'Prediction markets represent a paradigm shift in how views are expressed and truth is identified.' The platform will leverage Parcl's transparent pricing indices to reduce settlement ambiguities—a critical feature for institutional adoption.

The announcement follows growing regulatory clarity for prediction markets in 2026, with competitors like Kalshi similarly expanding into real-world economic indicators. Real estate joins sports and cultural events as the latest asset class to undergo prediction market experimentation.