The March Rouse Value Index for used equipment prices increased to 46.6, up 0.4% from February values. This is 7.7% higher than the prior peak period of 43.3 in April 2007, and 57.1% higher than prior trough period of 29.7 in June 2009.

March auction sales of rental and construction equipment tracked by Rouse averaged 5.2% higher than Rouse February FLV values. Rouse recorded 5,112 units that sold at 32 separate auction sales conducted across North America. The units represented a combined FLV (as of February 28th) of $158.2 million and generated $166.4 million of gross auction proceeds.

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