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Atlanta Led All Markets in Apartment Construction Last Year.


A slight softening softening /sof·ten·ing/ (sof´en-ing) malacia.

softening

a change of consistency, with loss of firmness or hardness.
 occurred in the apartment construction market last year. Apartment permits issued nationally declined 7 percent last year to 326,000 units from 351,000 in 1999. The decline in permit activity was a sharper drop than in apartment unit starts. They declined only 2 percent to 295,000 units from 300,000 units in 1999. Inventories of permits did drop by the end of last year. We examine the trends here in the most active apartment construction markets. (Please note that the permit numbers we use here for 2000 are preliminary and contain U.S. Department of Commerce imputations for non-reporting permit jurisdictions.)

Atlanta Atlanta (ətlăn`tə, ăt–), city (1990 pop. 394,017), state capital and seat of Fulton co., NW Ga., on the Chattahoochee R. and Peachtree Creek, near the Appalachian foothills; inc. 1847. , by far, led all metropolitan markets in apartment construction last year. It did so with its highest level of apartment permits since 1985. Denver Denver, city (1990 pop. 467,610), alt. 5,280 ft (1,609 m), state capital, coextensive with Denver co., N central Colo., on a plateau at the foot of the Front Range of the Rocky Mts., along the South Platte River where Cherry Creek meets it; inc. 1861.  and Phoenix also experienced high levels of new apartment construction last year. Dallas Dallas, city (1990 pop. 1,006,877), seat of Dallas co., N Tex., on the Trinity River near the junction of its three forks; inc. 1871. The second largest Texas city, after Houston, and the eighth largest U.S.  and Orlando Orlando, city, United States
Orlando (ôrlăn`dō), city (1990 pop. 164,693), seat of Orange co., central Fla., in a lake region; inc. 1875. In a citrus fruit and farm area, it is one of the world's most visited vacation spots.
, the leaders in 1999, underwent significant corrections in apartment starts last year.

Atlanta continued its domination domination

the relationship between animals and humans in which little consideration is given to the rights of the animals. The prevailing sentiment is one of proprietary domination.
 of the new housing construction markets in 2000 extending a trend that began in 1990. It led all markets in total housing unit permits every year of the decade of the 1990s. It also has been among the top three apartment markets since 1995. The 16,750 apartment units issued permits in the metro area This article is about the music production team. For the article about population centers, see metropolitan area.

Metro Area are a Brooklyn-based dance music production team composed of Morgan Geist and Darshan Jesrani.
 last year were 41 percent over the 11,770 units for 1999. Rental RENTAL. A roll or list of the rents of an estate containing the description of the lands let, the names of the tenants, and other particulars connected with such estate. This is the same as rent roll, from which it is said to be corrupted.  apartment vacancy VACANCY. A place which is empty. The term is principally applied to cases where an office is not filled.
     2. By the constitution of the United States, the president has the power to fill up vacancies that may happen during the recess of the senate.
 rates tightened to less than 4.5 percent in Atlanta last year in spite of in opposition to all efforts of; in defiance or contempt of; notwithstanding.

See also: Spite
 the relatively high levels of production over the past several years. Economic growth in Atlanta has been impressive and a driving force in rental apartment demand, but a kink may be developing.

Atlanta had led the nation in employment increases over the twelve-month period ending December December: see month.  1999 with the addition of over 117,200 jobs. Last December employment growth was substantially lower--33,200 jobs from the year earlier. Still its unemployment rate in December was only 2.4 percent. Labor markets labor market A place where labor is exchanged for wages; an LM is defined by geography, education and technical expertise, occupation, licensure or certification requirements, and job experience  this tight find it more difficult to maintain a very high level of job growth in spit (SPam over IP Telephony) Unsolicited advertising appearing in a VoIP voice mailbox. Let us pray we do not have to listen to a myriad of SPIT like we have to wade through spam, or "spit" just might be the most appropriately named acronym yet! See spitter, SPIM, VoIP  of strong in-migration. The slowing of economic growth may more likely be tied to the general slowing of the national economy that is currently underway. Impressive productivity gains and sounder federal government policy have helped the U.S. economy experience a record period of economic growth. Rigidities and friction, nevertheless, tend to develop in any economic system as the period of growth lengthens. And the nation and Atlanta may be in the midst Adv. 1. in the midst - the middle or central part or point; "in the midst of the forest"; "could he walk out in the midst of his piece?"
midmost
 of a correction CORRECTION,punishment. Chastisement by one having authority of a person who has committed some offence, for the purpose of bringing him to legal subjection.
     2. It is chiefly exercised in a parental manner, by parents, or those who are placed in loco parentis.
. Somewhat significant layoffs have been announced over the past several months that affect the Atlanta area. They include, for example, Coca-Cola-2,500 jobs, CNN-500 to 1,000 jobs, AT&T-1,000 to 2,000, and Uptons For the United Kingdom department store also known as Uptons, see .

Uptons was a department store based in Atlanta and Norcross, Georgia, United States. History

Please help [ improve this article] by expanding this section
 department stores-1,200 jobs. There is little doubt that more firms in the area are cutting back on hiring plans.

No recession is currently being predicted for the Atlanta area but an adjustment in its economy is underway. The economic adjustment and a high level of new products coming on the apartment market this year should produce a marked decline in new construction.

Denver moved into second place last year in apartment permit activity. This is its highest level of placement in history. It marks the first time it has placed among the top ten markets since 1984. Permits were issued for about 10,400 apartment units in the Metro area last year, a near doubling from the 5,300 units for 1999.

Employment growth improved further last year in the Denver metro area. A net of about 40,000 jobs were added to its economy over the year period ending in December. It has added 37,000 jobs over each of the two previous years. Telecommunication telecommunication

Communication between parties at a distance from one another. Modern telecommunication systems—capable of transmitting telephone, fax, data, radio, or television signals—can transmit large volumes of information over long distances.
 and other technology companies spurred growth in the economic base of Denver in the 1990's. Its largest employers include Qwest Communications
For the holding company, see Qwest. For the Bell Operating Company, see Qwest Corporation.
Qwest Communications Corporation is a long distance subsidiary of Qwest that was, until 1995, known as Southern Pacific Telecommunications Company.
, Columbia Columbia, cities, United States
Columbia (kəlŭm`bēə).

1 City (1990 pop. 75,883), Howard co., central Md., between Washington, D.C., and Baltimore.
 and Centura Health Care Providers, United Airlines, Lockheed Martin For the former company, see .

Lockheed Martin (NYSE: LMT) is a leading multinational aerospace manufacturer and advanced technology company formed in 1995 by the merger of Lockheed Corporation with Martin Marietta.
, Lucent Technologies and IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries)  Web services (1) Loosely, any online service delivered over the Web. Such usage appears in articles from non-technical sources, but not in IT-oriented publications, because definition #2 below describes the correct use of the term. . Qwest (Qwest Communications International Inc., Denver, CO, www.qwest.com) A telecommunications company that offers services to telecom carriers, businesses and homes using an extensive fiber-optic network throughout the U.S. and Mexico.  acquired the Denver-based U.S. West communications company Communications Company is a communications unit of the United States Marine Corps. They are part of Combat Logistics Regiment 37 , 3rd Marine Logistics Group (3MLG) and III Marine Expeditionary Force (III MEF). The unit is based out of the Marine Corps Base Camp Smedley D.  and the merger appears to be leading toward significant layoffs in 2001. Lockheed Martin, Lucent and IBM are facing challenging business environments that may lead to additional layoffs of Denver area employees this year.

Apartment vacancies in Denver were at about a 2.5 percent rate at the end of last year. Increasing levels of apartment completions as the year proceeds could ease some pressure on the rental market. Rent increases are likely to moderate from the 7 percent rate for last year. Vacancy rates should rise only slightly. Apartment construction in turn will moderate back toward the 5,000 to 6,000 unit range.

Phoenix-Mesa was the third largest issuer of apartment permits last year. The 10,200 units issued permits in the area were up 13 percent from the 9,000 units for 1999. Apartment construction in the greater Phoenix area has been relatively stable at high levels for several years. So has its apartment vacancy rate moving closely around the 6 percent level.

Employment growth in the Phoenix-Mesa area has been strong since 1991. Employers in the area added about 57,000 jobs over the year period ending in December. This was only moderately under the 66,500 jobs added in 1999. Several companies have announced layoffs over the past few months for operations in Phoenix. The numbers of jobs lost were relatively small and totaled only about 1,300. Considering that the metro area had an unemployment rate of 2.5 percent in January January: see month.  there will be little impact on the local economy. The Phoenix apartment market should continue to remain stable this year.

Orlando has an apartment construction market that is softening. Permits for apartments totaled 9,200 units last year, and placed it fourth among all metropolitan areas. Last year's production was down 28 percent from the 10,600 units for 1999. Completions of new units have been high for the past three years and the rental vacancy rate has risen to about 7 percent, the highest level in several years. New supply is larger than demand. Economic growth is strong enough to prevent a major problem from developing in the apartment market. The only real danger would be the development of a national recession. Tourism, the major driver in the Orlando economy, is very cyclically sensitive.

The remainder of the top ten apartment construction markets last year include: New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
, 9,037 units (34 percent increase); Chicago Chicago, city, United States
Chicago (shĭkä`gō, shĭkô`gō), city (1990 pop. 2,783,726), seat of Cook co., NE Ill., on Lake Michigan; inc. 1837.
, 8,896 units; Seattle-Bellvue-Everett, 8,896 units; Washington Washington, town, England
Washington, town (1991 pop. 48,856), Sunderland metropolitan district, NE England. Washington was designated one of the new towns in 1964 to alleviate overpopulation in the Tyneside-Wearside area.
, DC-MD-VA-WV, 8,798 units; Los Angeles-Long Beach 7,754 units (40 percent increase); and, Austin-San Marcos, 7,002 units. All of these markets have strong economies, but probably will experience some very limited moderation in apartment permits this year. The Washington, DC-MD-VA-WV metro area has a rental apartment vacancy rate that is below 2 percent and double digit Noun 1. double digit - a two-digit integer; from 10 to 99
integer, whole number - any of the natural numbers (positive or negative) or zero; "an integer is a number that is not a fraction"
 rent increases occurred last year. It will likely see increased activity this year, but finding economically ec·o·nom·i·cal  
adj.
1. Prudent and thrifty in management; not wasteful or extravagant. See Synonyms at sparing.

2. Intended to save money, as by efficient operation or elimination of unnecessary features; economic:
 viable development sites is extremely difficult. Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850.  moved back into the top ten for the first time in a decade.

Several metropolitan markets experienced marked declines in apartment unit permits last year. They include Dallas down 6,718 units to 6,715; Tampa-St. Petersburg-Clearwater off 4,124 units to 5,223 units; Houston Houston, city (1990 pop. 1,630,553), seat of Harris co., SE Tex., a deepwater port on the Houston Ship Channel; inc. 1837. Economy


The fourth largest city in the nation and the largest in the entire South and Southwest, Houston is a port of entry;
 down 3,104 units to 6,705 units; and, San Antonio San Antonio (săn ăntō`nēō, əntōn`), city (1990 pop. 935,933), seat of Bexar co., S central Tex., at the source of the San Antonio River; inc. 1837.  off 2,659 units to 2,079 units. All have sound and growing local economies, but were coming off very high levels of activity in 1999, or 1998 in Houston's case.
Apartment Permits & Employment Change in Most Active Metropolitan
Construction Markets During 2000

                                                    APARTMENTS
                                               2000             1999
                                          Units    Rank    Units    Rank

Atlanta MSA                               16570      1     11771      3
Denver PMSA                               10427      2      5293     19
Phoenix-Mesa AZ MSA                       10198      3      9012      8
Orlando FL MSA                             9207      4     12820      2
New fork PMSA                              9037      5      6734     11
Chicago PMSA                               8896      6      7946      9
Seattle-Bellevue-Everett WA PMSA           8886      7      9220      7
Washington DC-MD-VA-WV PMSA                8798      8      9266      6
Los Angeles-Long Beach CA PMSA             7754      9      5514     18
Austin-San Marcos TX MSA                   7002     10      7885     10
Charlotte-Gastonia-Rock Hill NC-SC MSA     7000     11      6128     16
Houston TX PMSA                            6705     12      9809      4
Dallas PMSA                                6175     13     12893      1
Raleigh-Durham-Chapel Hill NC MSA          6073     14      6607     12
San Diego CA MSA                           5643     15      5888     17
Miami FL PMSA                              5319     16      6225     14
Tampa-St. Petersburg-
Clearwater FL MSA                          5223     17      9347      5
Orange County CA PMSA                      5060     18      3905     22
Las Vegas NV-AZ MSA                        4787     19      6352     13
Columbus OH MSA                            4484     20      6213     15
Minneapolis-St. Paul MN-WI MSA             4478     21      3588     23
Memphis TN-AR-MS MSA                       3879     22      2435     35
San Jose CA PMSA                           3659     23      3298     25
West Palm Beach-Boca Raton FL MSA          3389     24      3405     24
San Francisco PMSA                         3275     25      2344     37
Sacramento CA PMSA                         3186     26      2579     34
Naples FL MSA                              3117     27      2737     33
Portland-Vancouver OR-WA PMSA              3014     28      3211     28
Fort Myers-Cape Coral FL MSA               2931     29      3228     27
Detroit PMSA                               2657     31      2864     31
Kansas City MO-KS MSA                      2657     30      3927     21
Jacksonville FL MSA                        2498     32      3178     29
Philadelphia PA-NJ PMSA                    2424     33      2292     39
Fort Lauderdale FL PMSA                    2416     34      3233     26
Myrtle Beach SC MSA                        2338     35      2369     36
Boston MA-NH PMSA                          2258     36      1880     44
Riverside-San Bernardino CA PMSA           2208     37      1736     46
St. Louis MO-IL MSA                        2135     38      1414     55
Indianapolis MSA                           2097     39      1751     45
San Antonio MSA                            2079     40      4738     20
Fort Worth-Arlington TX PMSA               2070     41      2147     42
Cincinnati OH-KY-IN PMSA                   2010     42      2863     32
Oakland CA PMSA                            1916     43      1884     43
Baltimore PMSA                             1909     44      3065     30
Milwaukee-Waukesha WI PMSA                 1739     45      2258     40
Bergen-Passaic NJ PMSA                     1696     46       464    116
Nashville TN MSA                           1668     47      2210     41
Omaha NE-IA MSA                            1655     48      1033     67
Reno NV MSA                                1487     49      1325     57
Nassau-Suffolk NY PMSA                     1337     50      1095     63
Greensboro--Winston-Salem--
High Point NC MSA                          1326     51      2302     38
Charleston-North Charleston SC MSA         1310     52      1475     54
Madison WI MSA                             1305     53      1099     62
Sarasota-Bradenton FL MSA                  1304     54      1201     60
Louisville KY-IN MSA                       1283     55      1691     48

                                                    APARTMENTS
                                               1998             1997
                                          Units    Rank    Units    Rank

Atlanta MSA                               11187      3     10709      3
Denver PMSA                                6560     11      5498     13
Phoenix-Mesa AZ MSA                       10824      4     10636      4
Orlando FL MSA                            10582      5      7433      6
New fork PMSA                              6709      9      5715     11
Chicago PMSA                               6227      2      6752      9
Seattle-Bellevue-Everett WA PMSA          10135      6      6339     10
Washington DC-MD-VA-WV PMSA                8935      8      6759      8
Los Angeles-Long Beach CA PMSA             4255      8      3334     22
Austin-San Marcos TX MSA                   4609      7      4198     18
Charlotte-Gastonia-Rock Hill NC-SC MSA     3879     19      5490     14
Houston TX PMSA                           19914      1     10977      2
Dallas PMSA                               16616      2     13715      1
Raleigh-Durham-Chapel Hill NC MSA          4647     16      4633     16
San Diego CA MSA                           2291     38      2385     27
Miami FL PMSA                              4781     14      4284     17
Tampa-St. Petersburg-
Clearwater FL MSA                          6704     10      5713     12
Orange County CA PMSA                      2056     43      3727     20
Las Vegas NV-AZ MSA                        9789      7      9229      5
Columbus OH MSA                            2320     37      2282     29
Minneapolis-St. Paul MN-WI MSA             2810     33      2101     39
Memphis TN-AR-MS MSA                        882     77      1536     47
San Jose CA PMSA                           3314     21      3866     19
West Palm Beach-Boca Raton FL MSA          3168     25      2264     31
San Francisco PMSA                         3095     27      2127     38
Sacramento CA PMSA                         2811     32      1204     54
Naples FL MSA                              3246     24      2484     26
Portland-Vancouver OR-WA PMSA              5637     13      7205      7
Fort Myers-Cape Coral FL MSA               3113     26      1682     45
Detroit PMSA                               3744     20      2245     34
Kansas City MO-KS MSA                      2436     36      2982     24
Jacksonville FL MSA                        1703     49      1518     48
Philadelphia PA-NJ PMSA                    1894     46      3010     23
Fort Lauderdale FL PMSA                    3284     22      5412     15
Myrtle Beach SC MSA                        2846     31      2187     36
Boston MA-NH PMSA                          1144     65       963     64
Riverside-San Bernardino CA PMSA           2197     40      1256     53
St. Louis MO-IL MSA                        1212     60      1157     55
Indianapolis MSA                           3053     28      2250     32
San Antonio MSA                             861     79      2021     41
Fort Worth-Arlington TX PMSA               4731     15      3621     21
Cincinnati OH-KY-IN PMSA                   1702     50      2250     32
Oakland CA PMSA                            2848     30      2267     30
Baltimore PMSA                             2792     34      2021     42
Milwaukee-Waukesha WI PMSA                 2568     35      2306     28
Bergen-Passaic NJ PMSA                      788     87       693     83
Nashville TN MSA                           3274     23      2748     25
Omaha NE-IA MSA                            1866     47      2191     35
Reno NV MSA                                1595     52       754     78
Nassau-Suffolk NY PMSA                      631    100       892     67
Greensboro--Winston-Salem--
High Point NC MSA                          2851     29      2091     40
Charleston-North Charleston SC MSA         1785     48       369    127
Madison WI MSA                             1248     58       945     65
Sarasota-Bradenton FL MSA                  2070     42      1695     44
Louisville KY-IN MSA                       1595     51       777     76

                                                     APARTMENTS
                                               1996             1995
                                          Units    Rank    Units    Rank

Atlanta MSA                               10448      2     12757       1
Denver PMSA                                4018     16      4954      10
Phoenix-Mesa AZ MSA                        9754      4      8392       4
Orlando FL MSA                             3591     18      4948      11
New fork PMSA                              5298     11      1993      33
Chicago PMSA                               6979      6      5442       9
Seattle-Bellevue-Everett WA PMSA           5275     12      3776      16
Washington DC-MD-VA-WV PMSA                7722      5      5945       7
Los Angeles-Long Beach CA PMSA             2647     26      2581      22
Austin-San Marcos TX MSA                   6484      7      6133       6
Charlotte-Gastonia-Rock Hill NC-SC MSA     5629      9      3423      17
Houston TX PMSA                            4225     15      4328      13
Dallas PMSA                               10243      3     11389       2
Raleigh-Durham-Chapel Hill NC MSA          3087     24      3805      15
San Diego CA MSA                            479    108      1346      46
Miami FL PMSA                              2498     30      6922       5
Tampa-St. Petersburg-
Clearwater FL MSA                          4253     14      3853      14
Orange County CA PMSA                      2895     25      1822      36
Las Vegas NV-AZ MSA                       11098      1      8765       3
Columbus OH MSA                            3183     22      2539      24
Minneapolis-St. Paul MN-WI MSA             2267     32      3109      18
Memphis TN-AR-MS MSA                       3553     19      1233      50
San Jose CA PMSA                           3161     23      1039      58
West Palm Beach-Boca Raton FL MSA          1320     52      2580      23
San Francisco PMSA                         1488     46       864      73
Sacramento CA PMSA                          713     84       305     143
Naples FL MSA                              2408     31      1752      38
Portland-Vancouver OR-WA PMSA              5962      8      5869       8
Fort Myers-Cape Coral FL MSA               1402     49      1452      44
Detroit PMSA                               3185     21      2717      20
Kansas City MO-KS MSA                      1790     41      2262      28
Jacksonville FL MSA                        3746     17      2040      32
Philadelphia PA-NJ PMSA                    1902     38      1073      55
Fort Lauderdale FL PMSA                    4612     13      4474      12
Myrtle Beach SC MSA                        1908     37      1210      51
Boston MA-NH PMSA                           988     66       744      78
Riverside-San Bernardino CA PMSA            578     96       147     188
St. Louis MO-IL MSA                        1044     62       937      64
Indianapolis MSA                           2625     28      2585      21
San Antonio MSA                            2640     27      1697      39
Fort Worth-Arlington TX PMSA               2563     29      2960      19
Cincinnati OH-KY-IN PMSA                  1 724     42      2426      26
Oakland CA PMSA                            1043     63       655      91
Baltimore PMSA                             1389     50      1521      42
Milwaukee-Waukesha WI PMSA                 2207     34      2092      31
Bergen-Passaic NJ PMSA                      213    164       230     157
Nashville TN MSA                           5419     10      2218      30
Omaha NE-IA MSA                            2185     35      1205      52
Reno NV MSA                                1413     48       679      87
Nassau-Suffolk NY PMSA                     1193     56       271     149
Greensboro--Winston-Salem--
High Point NC MSA                          2234     33      1896      35
Charleston-North Charleston SC MSA          172    180        46     261
Madison WI MSA                              736     83      1430      45
Sarasota-Bradenton FL MSA                  1942     36      1194      53
Louisville KY-IN MSA                       1234     54       747      77

                                          CH. IN EMP (IN 1,000's)
                                          Dec. to Dec. each year
                                          2000    1999      1998

Atlanta MSA                               33.2    117.2     65.3
Denver PMSA                               40.0     36.7     37.0
Phoenix-Mesa AZ MSA                       56.9     65.5     70.1
Orlando FL MSA                            41.4     47.8     45.2
New fork PMSA                             97.2     98.6    109.9
Chicago PMSA                              33.5     36.0    107.5
Seattle-Bellevue-Everett WA PMSA          25.7     16.7     34.3
Washington DC-MD-VA-WV PMSA               78.0     69.4     86.6
Los Angeles-Long Beach CA PMSA            87.3     72.1     66.7
Austin-San Marcos TX MSA                  28.3     31.9     30.7
Charlotte-Gastonia-Rock Hill NC-SC MSA     4.0     28.0     23.6
Houston TX PMSA                           34.2     47.4     77.1
Dallas PMSA                               77.4     48.0     63.7
Raleigh-Durham-Chapel Hill NC MSA          6.4     20.4     25.4
San Diego CA MSA                          23.0     39.9     47.6
Miami FL PMSA                             20.9     16.6     17.3
Tampa-St. Petersburg-
Clearwater FL MSA                         60.3     46.9     64.3
Orange County CA PMSA                     39.0     41.8     63.0
Las Vegas NV-AZ MSA                       34.6     48.3     37.1
Columbus OH MSA                           11.6      8.6     16.2
Minneapolis-St. Paul MN-WI MSA            30.1     47.9     55.3
Memphis TN-AR-MS MSA                       7.9      7.9     33.4
San Jose CA PMSA                          24.2     18.5     10.2
West Palm Beach-Boca Raton FL MSA         18.3     16.2     39.9
San Francisco PMSA                        30.4     30.2     27.2
Sacramento CA PMSA                        22.5     28.0     26.6
Naples FL MSA                              4.2      3.8      3.0
Portland-Vancouver OR-WA PMSA              8.8     24.9     15.3
Fort Myers-Cape Coral FL MSA               5.5      6.1      8.5
Detroit PMSA                              20.1     30.7     35.2
Kansas City MO-KS MSA                     15.5     14.8     31.4
Jacksonville FL MSA                       17.0     11.6     10.9
Philadelphia PA-NJ PMSA                   37.4     36.2     57.4
Fort Lauderdale FL PMSA                   21.6     20.2     14.7
Myrtle Beach SC MSA                       -2.0      1.8      3.1
Boston MA-NH PMSA                         40.2     29.8     23.5
Riverside-San Bernardino CA PMSA          41.2     43.0     38.7
St. Louis MO-IL MSA                       17.4     13.3     14.0
Indianapolis MSA                          11.7     15.9     21.9
San Antonio MSA                           13.7     19.0     14.4
Fort Worth-Arlington TX PMSA              25.3     21.8     29.8
Cincinnati OH-KY-IN PMSA                  13.7     11.5     17.9
Oakland CA PMSA                           19.3     34.1     22.3
Baltimore PMSA                            19.8     20.0     22.3
Milwaukee-Waukesha WI PMSA                13.6     18.3     12.3
Bergen-Passaic NJ PMSA                     1.5     15.1     16.1
Nashville TN MSA                          14.3     13.1     21.7
Omaha NE-IA MSA                           -1.8      3.7     12.7
Reno NV MSA                                7.5      6.3      4.8
Nassau-Suffolk NY PMSA                    19.8     43.6     28.3
Greensboro--Winston-Salem--
High Point NC MSA                          0.7     14.2     19.2
Charleston-North Charleston SC MSA        10.1      8.1     12.0
Madison WI MSA                             1.4      6.2      8.9
Sarasota-Bradenton FL MSA                 15.6     16.0     17.0
Louisville KY-IN MSA                      10.9     14.5     16.4

Source: U.S. Departments of Commerce & Labor, Regis J Sheehan &
Associates

COPYRIGHT 2001 National Apartment Association
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Units
Date:Apr 1, 2001
Words:3037
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