The February Rouse Value Index for used equipment prices increased to 46.4, up 0.5% from January values. This is 7.2% higher than the prior peak period of 43.3 in April 2007, and 56.5% higher than prior trough period of 29.7 in June 2009.
February auction sales of rental and construction equipment tracked by Rouse averaged 2.4% lower than Rouse January FLV values. Rouse recorded 6,067 units that sold at 20 separate auction sales conducted across North America. The units represented a combined FLV (as of January 31) of $200.8 million and generated $203.6 million of gross auction proceeds.
To view the full Rouse Rental Report, click here.
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