Rouse: Used Equipment Rental Values Decrease in July
According to the Rouse Construction Rental Report for the month ending July 31, 2012, the Rouse Value Index of Orderly Liquidation Values for used equipment across the fourteen major rental equipment categories decreased 1.0% compared to June values. For the six months ending July 31, 2012, average index values increased 3.3%.
July 2012 auction sales of rental and construction equipment averaged 4.5% less than Rouse June Forced Liquidation Values.
May 2012 rental rates increased 0.8% relative to April 2012 for the rental companies participating in Rouse’s Rental Metrics Benchmark Service.
To read the full Rouse report click here.
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