Eight @Polymarket markets on May 31 home values are now live.
NYC • Miami • Austin • SF • DC • Chicago • LA • U.S. national
All settle against Parcl data.
Pick the market you know best.
Pick a side.
The average American renter spends ~$330K+ on rent before buying their first home.
Meanwhile, the housing market keeps moving.
For most people, the only way to get exposure to housing has been to buy the house.
That's what Parcl is changing.
Take a view on the market you want to enter.
Long if you think it keeps moving.
Short if you think it comes down first.
8 days left in the V4 paper trading competition.
The leaderboard’s been moving every day.
People getting in, getting out, climbing back.
Stress-test the system.
See where you land.
Homeowners are choosing to leave houses empty rather than trigger capital gains tax on a sale.
That’s what happens when housing exposure is tied to owning the asset.
Parcl separates the exposure from the property.
No title transfer, no tenant, no bricks. Just the market.
Owning in Austin costs roughly 2x renting.
Since 2020, Austin added 112,000+ residential properties, per @ParclLabs housing stock data.
Rents are down 12.5% from their 2022 peak.
Ownership costs didn’t follow.
That’s where positioning starts to matter.
Q1 2009: ~800,000 foreclosure filings.
During the housing crisis.
Q1 2026: ~119,000.
About one-seventh.
2008 was driven by loan quality.
Subprime, low equity, lending collapsed.
2026 is different.
The stress is real.
It’s no longer about the loan.
What changed: housing exposure is no longer just “own the house or watch.”
Parcl is building the layer that makes housing exposure tradable.