What determines if a new construction/major renovation property shows as ‘in progress’ or ‘complete’?
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Official comment
New Construction corresponds with the “Initial Construction” lifecycle stage, and Major Renovation corresponds with the “Major Renovation” lifecycle stage. Either one will show as “In Progress” if the end date is nonexistent or falls after the last day of the reporting year, and they’ll show as “Completed” if the completion date fell within the reporting year.
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