Polymarket to launch real estate prediction markets in partnership with Parcl

Polymarket announced a partnership with Parcl to introduce a new suite of prediction markets focused on real estate, allowing users to trade on whether home prices will rise or fall. Parcl, which tracks average housing prices globally using blockchain technology, will supply the independent, daily housing indices necessary to resolve the outcomes of these markets. This collaboration aims to simplify real estate investing by integrating daily index data with prediction market structures, bypassing traditional complexities and long timelines. The initial launch will concentrate on major US cities, with expansion planned based on user demand and interest in additional metros and market types. Polymarket operates on the Polygon blockchain using USDC and has recently restored access for US users following regulatory easing.

(Source：Crypto Briefing)