Polymarket and Parcl launch U.S. city home price prediction markets with February 1 settlement

On January 11, 2026, Polymarket announced a partnership with Parcl to create prediction markets tied to median home prices in major U.S. cities such as Miami and Los Angeles. The monthly markets, which first settle on February 1 using Parcl's housing index, let users stake money on whether prices will rise or fall as the housing market grapples with high mortgage rates and limited supply. While Polymarket remains largely waitlist-only in the U.S., competitors like Kalshi and Robinhood are already broadly accessible.