Built for sale

{
  "id": "MLC-T-ECS-000189",
  "term": "Built for sale",
  "field": "Economic statistics",
  "term_source": "Built for Sale",
  "definition": "This category includes all houses built on builder's land with the intention of selling the house and land in one transaction. Such a sale is called \"fee simple.\" These units are often called \"speculatively-built\" houses.\n\nAlso included are the following:\n\n• Houses purchased and the lot rented\n\n• Houses sold as part of a condominium\n\n• Houses sold as part of a cooperative project (occupants own stock in the project as a whole, but do not own residential units.)\n\n• Houses sold to several individuals in a \"time-sharing\" arrangement.",
  "see_also": [
    "Characteristics of New Housing",
    "New Residential Sales"
  ],
  "references": [
    "U.S. Census Bureau Glossary"
  ],
  "url": "https://mlchart.com/terminology/economic-statistics/built-for-sale/"
}