Rouse: Used Equipment Values Rise in February
According to the Rouse Construction Rental Report for the month ending February 29, 2012, the Rouse Value Index of Orderly Liquidation Values (OLV) for used equipment across the fourteen major rental equipment categories increased 1.6% over the previous month. For the six months ending February 29, 2012, average index values increased 5.6%.
February 2012 auction sales of rental & construction equipment averaged 8.4% higher than Rouse January FLV values on high sales volume.
December rental rates remained flat on average for the rental companies participating in Rouse’s Rental Metrics Benchmark Service.
To read the full Rouse report click here.
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