Parcl’s native PRCL token surged over 100% following news of the partnership, which brings housing price indexes into prediction markets.
Parcl and Polymarket have partnered to launch real estate prediction markets that will settle against Parcl’s daily housing price indexes, bringing housing price data into prediction markets for the first time.
Under the partnership announced Monday, Polymarket will list and operate markets tied to movements in housing price indices, while Parcl will supply the index data used to determine market outcomes and settlement values.
Each market will link to a Parcl resolution page showing the final settlement value, historical index data and the methodology used to calculate the index, providing a standardized reference for verifying outcomes once markets close.
