Seasonality
HIW seasonality — Highwoods Properties
Over the last 11 years, HIW's strongest month on average has been July (+4.7%) and its weakest September (-4.0%).
Average return by month
Month-by-month statistics
| Month | Avg | Median | Up % | Best | Worst | Yrs |
|---|---|---|---|---|---|---|
| Jan | +0.93% | +0.08% | 60% | +14.6% | -6.0% | 10 |
| Feb | -2.78% | -0.55% | 50% | +6.6% | -13.0% | 10 |
| Mar | -2.07% | +1.38% | 60% | +7.5% | -21.1% | 10 |
| Apr | +1.09% | +0.27% | 60% | +13.6% | -10.7% | 10 |
| May | +0.40% | -0.91% | 40% | +8.7% | -9.8% | 10 |
| Jun | +2.13% | +0.89% | 60% | +15.6% | -13.0% | 10 |
| Jul | +4.72% | +4.81% | 80% | +17.9% | -6.7% | 10 |
| Aug | -2.41% | -3.51% | 40% | +8.7% | -14.5% | 10 |
| Sep | -4.03% | -4.50% | 30% | +4.0% | -13.5% | 10 |
| Oct | -2.84% | -0.95% | 50% | +6.8% | -13.2% | 10 |
| Nov | +3.92% | +1.71% | 56% | +28.6% | -3.7% | 9 |
| Dec | +0.52% | +0.49% | 60% | +21.2% | -10.8% | 10 |
Monthly returns heat map — HIW
price return, %| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Year |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.1 | -13.0 | -4.8 | 13.6 | 7.4 | 15.6 | 9.8 | -7.6 | -5.2 | 6.8 | 1.6 | +21.9% | |
| 2025 | -2.6 | -2.2 | 1.8 | -4.0 | 4.4 | 4.7 | -6.7 | 8.7 | 0.9 | -10.0 | -2.9 | -7.1 | -15.6% |
| 2024 | 0.0 | 6.4 | 7.1 | 0.1 | -0.9 | 1.2 | 17.9 | 4.0 | 4.0 | 0.1 | -3.2 | -5.8 | +33.2% |
| 2023 | 8.5 | -12.7 | -12.5 | -1.2 | -9.8 | 15.6 | 5.7 | -5.7 | -13.5 | -13.2 | 5.9 | 21.2 | -17.9% |
| 2022 | -3.3 | 1.1 | 4.9 | -10.7 | -3.8 | -13.0 | 4.0 | -14.5 | -11.3 | 4.7 | 5.6 | -6.1 | -37.2% |
| 2021 | -5.4 | 6.6 | 7.5 | 4.3 | 2.0 | -1.1 | 5.6 | -4.2 | -4.0 | 2.2 | -3.7 | 3.2 | +12.5% |
| 2020 | 2.5 | -10.4 | -21.1 | 9.6 | -1.4 | -2.5 | 2.7 | -2.8 | -9.9 | -11.3 | 28.6 | 3.5 | -19.0% |
| 2019 | 14.6 | 4.5 | 1.0 | -4.7 | -1.6 | -5.8 | 9.8 | -4.7 | 4.0 | 4.1 | 3.7 | 0.7 | +26.4% |
| 2018 | -6.0 | -10.2 | 1.9 | 0.5 | 8.7 | 6.1 | -3.2 | 1.3 | -5.0 | -9.8 | 1.7 | -10.8 | -24.0% |
| 2017 | 0.8 | 2.1 | -6.4 | 3.6 | -0.9 | 0.6 | 1.6 | 1.4 | -0.3 | -2.0 | -0.5 | 0.2 | -0.2% |
| 2016 | 6.1 |