The common name is a Norfolk Island Pine, and it's actually NOT a true pine tree Norfoks are considered a tropical tree, and CAN'T tolerate freezing weather so, depending on your location, it may need to be a house plant if you want to keep it alive through the winter.
I have 2, here in Central Texas, and I have to keep them in pots. They stay on my porch during the spring and summer but I have to put them in the
greenhouse or house in the fall before the weather gets too cold. If your winters don't drop below freezing temps you can plant the Norfolk in the ground and it will grow up to be a full-sized tree.
If you want to have a "true" pine tree in the
yard, oftentimes places like Home Depot will get Italian Stone Pines in stock around the holiday season and they are a type of pine that actually needs to be left outside to
experience the dormancy period brought on by the cold in winter. I picked up one last year and it's done great outside.