According to the Rouse Rental Report for October 2014, the Rouse Value Index of Orderly Liquidation Value for used equipment across 14 major equipment categories increased to 46.5, up 0.8% from September values. This is 7.4% higher than the prior peak period of 43.3 in April 2007, and 56.7% higher than prior trough period of 29.7 in June 2009.
October auction sales of rental and construction equipment tracked by Rouse averaged 0.1% lower than Rouse September FLV values. Rouse recorded 2,954 units that sold at 37 separate auction sales conducted across North America. The units represented a combined FLV of $85.1 million and generated $85.0 million of gross auction proceeds.
To view the full Rouse Rental Report, click here.
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