2005 real estate forecast texas oklahoma mexico austin dallas houston san antonio city el paso juarez mcallen monterrey laredo we will all remember 2004 as the year when leasing market finally turned in a positive direction for first time since 2000 and investment went from hot to white looking believe moderate economic growth be strong enough keep recovery moving forward but not so cause spike interest rates that could derail vigorous vacancy four primary property categories ended below end 2003 levels while rental three of sectors office retail apartment rose very modestly by industrial rents stabilized throughout construction remained disciplined shopping center was robust consumer spending fueled activity yet another well some would say too tepid began decline pointing firmer conditions turnaround markets came moment