Rouse Rental Report Highlights
The Rouse Rental Report on December auction and sales data showed a slight dip from the previous month, with the Rouse Value Index on used equipment prices down very slightly - 0.6% - and auction sales dropping 1.1% below November Forced Liquidation Values.
The Rouse Value Index for used equipment prices decreased to 46.6, which is 7.6% higher than the prior peak period of 43.3 in April 2007, and 57.0% higher than prior trough period of 29.7 in June 2009. While basically flat for December, the general trend continues to show increasing prices.
December auction sales of rental and construction equipment tracked by Rouse averaged 1.1% lower than Rouse November FLV values. The data was compiled from 41 auctions across North America and is based on 5,080 units sold.
During October, achieved rental rates as measured by the Rouse Rate Index increased 0.5% on average for the rental companies participating in the Rouse Analytics Rental Metrics Benchmark Service. Compared to last year's October data, rates are up 3.9%, the company reports.
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PRO CONTRACTOR RENTALS MAGAZINE
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