Stages of Construction

{
  "id": "MLC-T-ECS-001834",
  "term": "Stages of Construction",
  "field": "Economic statistics",
  "definition": "New single-family homes sold and for sale are shown by three stages of construction:\n\n• Not started - Permit has been issued, but ground has not yet been broken.\n\n• Under construction - Ground is broken, but unit is not yet complete.\n\n• Completed - A house is defined as completed when all finished flooring has been installed (or carpeting if used in place of finished flooring.)",
  "see_also": [
    "Authorized, Not Started",
    "Completed Housing",
    "Under Construction"
  ],
  "references": [
    "U.S. Census Bureau Glossary"
  ],
  "url": "https://mlchart.com/terminology/economic-statistics/stages-of-construction/"
}