Equity Residential (EQR) seasonality heatmap
Returns across monthly, quarterly, and yearly periods. Cell color encodes signed magnitude; the scale auto-fits each table.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -0.0% | +1.4% | -6.4% | +10.5% | +0.1% | +2.9% | — | — | — | — | — | — |
| 2025 | -0.6% | +5.0% | -2.6% | -1.8% | -0.2% | -2.8% | -6.4% | +4.6% | -1.1% | -8.2% | +3.9% | +2.1% |
| 2024 | -1.6% | +0.0% | +5.9% | +2.0% | +1.0% | +6.6% | +1.4% | +7.5% | +0.3% | -5.5% | +8.9% | -6.4% |
| 2023 | +7.9% | -1.8% | -2.9% | +5.4% | -3.9% | +9.6% | -0.0% | -1.7% | -8.4% | -5.8% | +2.7% | +8.8% |
| 2022 | -2.0% | -3.9% | +6.2% | -9.4% | -5.7% | -5.2% | +8.5% | -6.6% | -7.3% | -6.2% | +2.9% | -8.1% |
| 2021 | +4.0% | +6.1% | +10.4% | +3.6% | +4.3% | +0.2% | +9.3% | -0.1% | -3.0% | +6.8% | -1.3% | +6.8% |
| 2020 | +2.7% | -9.6% | -17.0% | +5.4% | -6.9% | -1.9% | -8.8% | +5.3% | -8.0% | -8.5% | +23.3% | +3.4% |
| 2019 | +9.9% | +1.6% | +3.0% | +1.5% | +0.2% | -0.1% | +3.9% | +7.4% | +2.4% | +2.8% | -4.0% | -4.2% |
| 2018 | -3.4% | -8.7% | +10.6% | +0.2% | +3.7% | +0.4% | +2.7% | +3.5% | -1.4% | -2.0% | +9.7% | -6.6% |
| 2017 | -5.6% | +3.8% | -0.5% | +3.8% | +0.8% | +1.9% | +3.4% | -1.3% | -1.1% | +2.0% | -0.6% | -3.8% |
| 2016 | -5.5% | -3.4% | +13.6% | -9.3% | +1.7% | +0.3% | -1.3% | -4.6% | +4.7% | -4.0% | -2.8% | +8.1% |
| 2015 | +8.0% | -0.8% | +1.8% | -5.1% | +0.6% | -4.9% | +6.6% | -4.7% | +6.2% | +2.9% | +3.3% | +2.9% |
| 2014 | +6.8% | +5.6% | +0.1% | +2.5% | +3.9% | +2.8% | +2.6% | +2.8% | -6.6% | +13.0% | +1.8% | +2.1% |
| 2013 | -2.3% | -0.6% | +0.8% | +5.4% | -2.6% | +3.4% | -3.5% | -7.3% | +4.0% | -2.3% | -1.5% | +1.9% |
| 2012 | +4.4% | -4.5% | +10.7% | -1.9% | -0.6% | +2.6% | +1.5% | -4.6% | -4.2% | -0.2% | -3.3% | +3.5% |
| 2011 | +4.3% | +1.7% | +3.0% | +5.9% | +3.5% | -2.4% | +3.0% | -1.0% | -14.7% | +13.1% | -5.9% | +4.4% |
| 2010 | -5.1% | +12.6% | +9.5% | +15.6% | -0.3% | -7.1% | +10.1% | -0.0% | +4.6% | +2.2% | +2.8% | +4.9% |
| 2009 | -19.7% | -26.5% | +7.0% | +24.7% | +6.2% | -6.8% | +8.0% | +13.8% | +13.6% | -5.9% | +11.5% | +6.0% |
| 2008 | +2.5% | +2.1% | +10.1% | +0.1% | +1.9% | -8.4% | +12.8% | -2.3% | +6.4% | -21.3% | -12.9% | -0.6% |
| 2007 | +10.9% | -9.8% | -4.1% | -3.7% | +9.1% | -9.1% | -12.7% | +1.1% | +6.5% | -1.4% | -10.9% | -0.7% |
| 2006 | +8.4% | +6.8% | +4.3% | -4.1% | -1.7% | +2.4% | +4.0% | +7.2% | +2.3% | +8.0% | -2.5% | -3.8% |
| 2005 | -12.8% | +4.0% | -0.6% | +6.6% | +4.5% | +3.8% | +9.8% | -6.5% | +1.4% | +3.7% | +3.9% | -3.0% |
| 2004 | -1.4% | +2.3% | +1.8% | -8.0% | +7.2% | +2.5% | -0.5% | +9.6% | -2.9% | +7.6% | +1.1% | +8.6% |
| 2003 | -0.6% | -0.7% | +1.0% | +7.6% | +2.2% | -0.4% | +7.6% | +4.2% | +2.2% | -0.1% | +0.4% | +1.9% |
| 2002 | -6.7% | +0.6% | +8.3% | -1.9% | +2.6% | +1.0% | -7.0% | +4.4% | -12.7% | -1.0% | +10.1% | -4.2% |
| 2001 | -5.4% | -0.5% | +1.5% | +0.9% | +2.1% | +7.0% | +0.2% | +4.0% | +0.7% | -11.1% | +11.5% | +0.8% |
| 2000 | -2.8% | -3.7% | +2.5% | +13.3% | -2.0% | +4.8% | +8.4% | -3.7% | +1.7% | -2.0% | +8.4% | +10.1% |
| 1999 | +1.3% | +0.4% | +2.4% | +12.1% | +3.7% | -4.5% | -8.3% | +6.4% | -2.0% | -1.2% | -4.0% | +8.4% |
| 1998 | +1.1% | -6.0% | +6.1% | -2.2% | -0.5% | -1.6% | -11.4% | -4.9% | +7.7% | -0.4% | +1.1% | -3.4% |
| 1997 | +4.1% | +5.3% | -0.7% | -1.3% | +8.0% | +1.8% | +6.3% | -3.6% | +13.6% | -7.5% | -1.0% | +2.0% |
| 1996 | +0.3% | +3.5% | +0.0% | +3.1% | -3.9% | +8.0% | +2.7% | +4.7% | +2.5% | +3.1% | +9.1% | +4.5% |
| 1995 | -11.4% | +1.8% | -2.2% | +2.9% | +6.8% | -0.7% | +5.7% | +0.0% | +3.8% | -6.4% | +10.2% | +0.6% |
| 1994 | -8.9% | +13.0% | -6.7% | +8.6% | +4.4% | -10.6% | +10.2% | +0.6% | -2.1% | -5.9% | -9.3% | +12.8% |
| 1993 | — | — | — | — | — | — | — | — | +9.0% | +11.3% | -6.2% | -0.3% |
| Avg | -0.6% | -0.1% | +2.3% | +2.8% | +1.5% | -0.2% | +2.1% | +1.1% | +0.5% | -0.9% | +1.8% | +1.8% |
| Median | -0.6% | +0.6% | +1.8% | +2.5% | +1.7% | +0.2% | +2.9% | +0.3% | +1.4% | -1.2% | +1.1% | +2.0% |
| Last 5Y Avg | +0.7% | +0.2% | +0.1% | +1.4% | -1.7% | +1.7% | +2.6% | +0.8% | -3.9% | -3.8% | +3.4% | +0.6% |
| Std Dev (σ) | 6.8% | 7.1% | 6.2% | 7.3% | 3.8% | 5.0% | 6.7% | 5.3% | 6.6% | 7.2% | 7.5% | 5.3% |
| Consistency (μ/σ) | -0.09 | -0.01 | 0.37 | 0.39 | 0.40 | -0.05 | 0.32 | 0.20 | 0.08 | -0.13 | 0.24 | 0.34 |
| Win Rate (%) | 45% | 58% | 67% | 67% | 67% | 53% | 69% | 50% | 58% | 36% | 58% | 64% |
| Winning / Losing Months | ▲15▼18 | ▲19▼14 | ▲22▼11 | ▲22▼11 | ▲22▼11 | ▲17▼15 | ▲22▼10 | ▲16▼16 | ▲19▼14 | ▲12▼21 | ▲19▼14 | ▲21▼12 |
| Longest Win / Loss Streak | ▲4▼6 | ▲4▼2 | ▲9▼4 | ▲5▼2 | ▲6▼2 | ▲3▼5 | ▲5▼2 | ▲4▼4 | ▲6▼4 | ▲3▼7 | ▲6▼3 | ▲8▼4 |
| Best | +10.9%in January 2007 | +13.0%in February 1994 | +13.6%in March 2016 | +24.7%in April 2009 | +9.1%in May 2007 | +9.6%in June 2023 | +12.8%in July 2008 | +13.8%in August 2009 | +13.6%in September 2009 | +13.1%in October 2011 | +23.3%in November 2020 | +12.8%in December 1994 |
| Worst | -19.7%in January 2009 | -26.5%in February 2009 | -17.0%in March 2020 | -9.4%in April 2022 | -6.9%in May 2020 | -10.6%in June 1994 | -12.7%in July 2007 | -7.3%in August 2013 | -14.7%in September 2011 | -21.3%in October 2008 | -12.9%in November 2008 | -8.1%in December 2022 |
−26.5%+24.7%
2026
Jan-0.0%
Feb+1.4%
Mar-6.4%
Apr+10.5%
May+0.1%
Jun+2.9%
Jul—
Aug—
Sep—
Oct—
Nov—
Dec—
2025
Jan-0.6%
Feb+5.0%
Mar-2.6%
Apr-1.8%
May-0.2%
Jun-2.8%
Jul-6.4%
Aug+4.6%
Sep-1.1%
Oct-8.2%
Nov+3.9%
Dec+2.1%
2024
Jan-1.6%
Feb+0.0%
Mar+5.9%
Apr+2.0%
May+1.0%
Jun+6.6%
Jul+1.4%
Aug+7.5%
Sep+0.3%
Oct-5.5%
Nov+8.9%
Dec-6.4%
2023
Jan+7.9%
Feb-1.8%
Mar-2.9%
Apr+5.4%
May-3.9%
Jun+9.6%
Jul-0.0%
Aug-1.7%
Sep-8.4%
Oct-5.8%
Nov+2.7%
Dec+8.8%
2022
Jan-2.0%
Feb-3.9%
Mar+6.2%
Apr-9.4%
May-5.7%
Jun-5.2%
Jul+8.5%
Aug-6.6%
Sep-7.3%
Oct-6.2%
Nov+2.9%
Dec-8.1%
2021
Jan+4.0%
Feb+6.1%
Mar+10.4%
Apr+3.6%
May+4.3%
Jun+0.2%
Jul+9.3%
Aug-0.1%
Sep-3.0%
Oct+6.8%
Nov-1.3%
Dec+6.8%
2020
Jan+2.7%
Feb-9.6%
Mar-17.0%
Apr+5.4%
May-6.9%
Jun-1.9%
Jul-8.8%
Aug+5.3%
Sep-8.0%
Oct-8.5%
Nov+23.3%
Dec+3.4%
2019
Jan+9.9%
Feb+1.6%
Mar+3.0%
Apr+1.5%
May+0.2%
Jun-0.1%
Jul+3.9%
Aug+7.4%
Sep+2.4%
Oct+2.8%
Nov-4.0%
Dec-4.2%
2018
Jan-3.4%
Feb-8.7%
Mar+10.6%
Apr+0.2%
May+3.7%
Jun+0.4%
Jul+2.7%
Aug+3.5%
Sep-1.4%
Oct-2.0%
Nov+9.7%
Dec-6.6%
2017
Jan-5.6%
Feb+3.8%
Mar-0.5%
Apr+3.8%
May+0.8%
Jun+1.9%
Jul+3.4%
Aug-1.3%
Sep-1.1%
Oct+2.0%
Nov-0.6%
Dec-3.8%
2016
Jan-5.5%
Feb-3.4%
Mar+13.6%
Apr-9.3%
May+1.7%
Jun+0.3%
Jul-1.3%
Aug-4.6%
Sep+4.7%
Oct-4.0%
Nov-2.8%
Dec+8.1%
2015
Jan+8.0%
Feb-0.8%
Mar+1.8%
Apr-5.1%
May+0.6%
Jun-4.9%
Jul+6.6%
Aug-4.7%
Sep+6.2%
Oct+2.9%
Nov+3.3%
Dec+2.9%
2014
Jan+6.8%
Feb+5.6%
Mar+0.1%
Apr+2.5%
May+3.9%
Jun+2.8%
Jul+2.6%
Aug+2.8%
Sep-6.6%
Oct+13.0%
Nov+1.8%
Dec+2.1%
2013
Jan-2.3%
Feb-0.6%
Mar+0.8%
Apr+5.4%
May-2.6%
Jun+3.4%
Jul-3.5%
Aug-7.3%
Sep+4.0%
Oct-2.3%
Nov-1.5%
Dec+1.9%
2012
Jan+4.4%
Feb-4.5%
Mar+10.7%
Apr-1.9%
May-0.6%
Jun+2.6%
Jul+1.5%
Aug-4.6%
Sep-4.2%
Oct-0.2%
Nov-3.3%
Dec+3.5%
2011
Jan+4.3%
Feb+1.7%
Mar+3.0%
Apr+5.9%
May+3.5%
Jun-2.4%
Jul+3.0%
Aug-1.0%
Sep-14.7%
Oct+13.1%
Nov-5.9%
Dec+4.4%
2010
Jan-5.1%
Feb+12.6%
Mar+9.5%
Apr+15.6%
May-0.3%
Jun-7.1%
Jul+10.1%
Aug-0.0%
Sep+4.6%
Oct+2.2%
Nov+2.8%
Dec+4.9%
2009
Jan-19.7%
Feb-26.5%
Mar+7.0%
Apr+24.7%
May+6.2%
Jun-6.8%
Jul+8.0%
Aug+13.8%
Sep+13.6%
Oct-5.9%
Nov+11.5%
Dec+6.0%
2008
Jan+2.5%
Feb+2.1%
Mar+10.1%
Apr+0.1%
May+1.9%
Jun-8.4%
Jul+12.8%
Aug-2.3%
Sep+6.4%
Oct-21.3%
Nov-12.9%
Dec-0.6%
2007
Jan+10.9%
Feb-9.8%
Mar-4.1%
Apr-3.7%
May+9.1%
Jun-9.1%
Jul-12.7%
Aug+1.1%
Sep+6.5%
Oct-1.4%
Nov-10.9%
Dec-0.7%
2006
Jan+8.4%
Feb+6.8%
Mar+4.3%
Apr-4.1%
May-1.7%
Jun+2.4%
Jul+4.0%
Aug+7.2%
Sep+2.3%
Oct+8.0%
Nov-2.5%
Dec-3.8%
2005
Jan-12.8%
Feb+4.0%
Mar-0.6%
Apr+6.6%
May+4.5%
Jun+3.8%
Jul+9.8%
Aug-6.5%
Sep+1.4%
Oct+3.7%
Nov+3.9%
Dec-3.0%
2004
Jan-1.4%
Feb+2.3%
Mar+1.8%
Apr-8.0%
May+7.2%
Jun+2.5%
Jul-0.5%
Aug+9.6%
Sep-2.9%
Oct+7.6%
Nov+1.1%
Dec+8.6%
2003
Jan-0.6%
Feb-0.7%
Mar+1.0%
Apr+7.6%
May+2.2%
Jun-0.4%
Jul+7.6%
Aug+4.2%
Sep+2.2%
Oct-0.1%
Nov+0.4%
Dec+1.9%
2002
Jan-6.7%
Feb+0.6%
Mar+8.3%
Apr-1.9%
May+2.6%
Jun+1.0%
Jul-7.0%
Aug+4.4%
Sep-12.7%
Oct-1.0%
Nov+10.1%
Dec-4.2%
2001
Jan-5.4%
Feb-0.5%
Mar+1.5%
Apr+0.9%
May+2.1%
Jun+7.0%
Jul+0.2%
Aug+4.0%
Sep+0.7%
Oct-11.1%
Nov+11.5%
Dec+0.8%
2000
Jan-2.8%
Feb-3.7%
Mar+2.5%
Apr+13.3%
May-2.0%
Jun+4.8%
Jul+8.4%
Aug-3.7%
Sep+1.7%
Oct-2.0%
Nov+8.4%
Dec+10.1%
1999
Jan+1.3%
Feb+0.4%
Mar+2.4%
Apr+12.1%
May+3.7%
Jun-4.5%
Jul-8.3%
Aug+6.4%
Sep-2.0%
Oct-1.2%
Nov-4.0%
Dec+8.4%
1998
Jan+1.1%
Feb-6.0%
Mar+6.1%
Apr-2.2%
May-0.5%
Jun-1.6%
Jul-11.4%
Aug-4.9%
Sep+7.7%
Oct-0.4%
Nov+1.1%
Dec-3.4%
1997
Jan+4.1%
Feb+5.3%
Mar-0.7%
Apr-1.3%
May+8.0%
Jun+1.8%
Jul+6.3%
Aug-3.6%
Sep+13.6%
Oct-7.5%
Nov-1.0%
Dec+2.0%
1996
Jan+0.3%
Feb+3.5%
Mar+0.0%
Apr+3.1%
May-3.9%
Jun+8.0%
Jul+2.7%
Aug+4.7%
Sep+2.5%
Oct+3.1%
Nov+9.1%
Dec+4.5%
1995
Jan-11.4%
Feb+1.8%
Mar-2.2%
Apr+2.9%
May+6.8%
Jun-0.7%
Jul+5.7%
Aug+0.0%
Sep+3.8%
Oct-6.4%
Nov+10.2%
Dec+0.6%
1994
Jan-8.9%
Feb+13.0%
Mar-6.7%
Apr+8.6%
May+4.4%
Jun-10.6%
Jul+10.2%
Aug+0.6%
Sep-2.1%
Oct-5.9%
Nov-9.3%
Dec+12.8%
1993
Jan—
Feb—
Mar—
Apr—
May—
Jun—
Jul—
Aug—
Sep+9.0%
Oct+11.3%
Nov-6.2%
Dec-0.3%
Avg
Jan-0.6%
Feb-0.1%
Mar+2.3%
Apr+2.8%
May+1.5%
Jun-0.2%
Jul+2.1%
Aug+1.1%
Sep+0.5%
Oct-0.9%
Nov+1.8%
Dec+1.8%
Median
Jan-0.6%
Feb+0.6%
Mar+1.8%
Apr+2.5%
May+1.7%
Jun+0.2%
Jul+2.9%
Aug+0.3%
Sep+1.4%
Oct-1.2%
Nov+1.1%
Dec+2.0%
Last 5Y Avg
Jan+0.7%
Feb+0.2%
Mar+0.1%
Apr+1.4%
May-1.7%
Jun+1.7%
Jul+2.6%
Aug+0.8%
Sep-3.9%
Oct-3.8%
Nov+3.4%
Dec+0.6%
Std Dev (σ)
Jan6.8%
Feb7.1%
Mar6.2%
Apr7.3%
May3.8%
Jun5.0%
Jul6.7%
Aug5.3%
Sep6.6%
Oct7.2%
Nov7.5%
Dec5.3%
Consistency (μ/σ)
Jan-0.09
Feb-0.01
Mar0.37
Apr0.39
May0.40
Jun-0.05
Jul0.32
Aug0.20
Sep0.08
Oct-0.13
Nov0.24
Dec0.34
Win Rate (%)
Jan45%
Feb58%
Mar67%
Apr67%
May67%
Jun53%
Jul69%
Aug50%
Sep58%
Oct36%
Nov58%
Dec64%
Winning / Losing Months
Jan▲15▼18
Feb▲19▼14
Mar▲22▼11
Apr▲22▼11
May▲22▼11
Jun▲17▼15
Jul▲22▼10
Aug▲16▼16
Sep▲19▼14
Oct▲12▼21
Nov▲19▼14
Dec▲21▼12
Longest Win / Loss Streak
Jan▲4▼6
Feb▲4▼2
Mar▲9▼4
Apr▲5▼2
May▲6▼2
Jun▲3▼5
Jul▲5▼2
Aug▲4▼4
Sep▲6▼4
Oct▲3▼7
Nov▲6▼3
Dec▲8▼4
Best
Jan+10.9%2007
Feb+13.0%1994
Mar+13.6%2016
Apr+24.7%2009
May+9.1%2007
Jun+9.6%2023
Jul+12.8%2008
Aug+13.8%2009
Sep+13.6%2009
Oct+13.1%2011
Nov+23.3%2020
Dec+12.8%1994
Worst
Jan-19.7%2009
Feb-26.5%2009
Mar-17.0%2020
Apr-9.4%2022
May-6.9%2020
Jun-10.6%1994
Jul-12.7%2007
Aug-7.3%2013
Sep-14.7%2011
Oct-21.3%2008
Nov-12.9%2008
Dec-8.1%2022
−26.5%+24.7%
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