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Real Estate Markets are officially live on @Polymarket 🏠
Predict home values, exclusively powered by Parcl data.
Parcl
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Parcl
@Parcl
- A lower ask isn’t the same thing as a sale. Across the five metros leading this “correction,” not one shows sellers capitulating. Four are stubborn. One is neutral. None are folding.
BREAKING: The median listing price of existing US homes fell -2.4% YoY in May, to $429,500, the largest annual decline since at least 2017. On a per-square-foot basis, prices declined -2.5% YoY. This comes as listing prices fell in 35 of the 50 largest US metros, with Memphis - Everyone’s talking about the $SPCX IPO today and the ~4,400 new millionaires it just created. We skipped the stock chart and looked at the housing markets around its sites instead. Hawthorne (HQ): +20% over the past year, at an all-time high. El Segundo next door: +8%.
- 7 days left in the competition. Come see what housing markets look like on V4 devnet.
- Ken's right, and it cuts both ways. The tenant fears rent jumps. The landlord fears flat rent while taxes, insurance, and upkeep keep climbing. Each is exposed to rent moving the way they don't want. A market lets you take the other side of your own risk. That's the kind ofGood tenants. Same rent. 7 to 8 years. Sounds great. Until you look at the expenses. Utilities up. Property tax up. Property management up. Insurance up. Everything up. If rents stay flat while expenses rise, cash flow shrinks every single year. It has to. And after 7 to 8
00:00 - Our @Polymarket US housing markets settle monthly right now. Should we run longer ones too? What would you actually take a position on?
