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REISCAST ISSUES DALLAS APARTMENT MARKET REPORT.


NEW YORK-BASED REIS n. 1. The word is used as a Portuguese designation of money of account, one hundred reis being about equal in value to eleven cents.
1. A common title in the East for a person in authority, especially the captain of a ship.
, INC inc - /ink/ increment, i.e. increase by one. Especially used by assembly programmers, as many assembly languages have an "inc" mnemonic.

Antonym: dec.
., HAS released its Dallas apartment market report, which notes that Dallas' 12-month, nonfarm employment growth rate of 3.7 percent per midyear 2000 is still way above the national average. According to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 the report, Dallas' PMSA PMSA
abbr.
Primary Metropolitan Statistical Area
 average household income of $94,427 (versus the national median of $90,069 for the top 50 U.S metros) confirms the metro's growth. Dallas' population posted a strong 2.5 percent increase over the past five years, and demand for apartments has been strong. In addition, apartment vacancy per first-quarter 2000 is 4.7 percent, down from 5.3 percent six months earlier. Reis expects construction activity to drop by 50 percent next year and stay there for the next several years. More information on Reis' Dallas report can be found at www.reis.com/reiscast/reiscast_index.cfm.
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Publication:Mortgage Banking
Article Type:Brief Article
Geographic Code:1USA
Date:Oct 1, 2000
Words:140
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