Rouse Rental Report Highlights
Used equipment prices continue their upward trend, November auction results were down, and achieved rental rates increased, according to the latest Rouse Rental Report.
The November Rouse Value Index for used equipment prices increased to 46.9, up 0.8% from October values. This is 8.3% higher than the prior peak period of 43.3 in April 2007, and 57.9% higher than prior trough period of 29.7 in June 2009, the report notes.
November auction sales of rental & construction equipment tracked by Rouse averaged 0.7% lower than Rouse October Forced Liquidation Values. Their assessment is based on 2,492 units sold at 25 seperate auctions across North America.
During September, achieved rental rates as measured by the Rouse Rate Index increased 0.4% on average for the rental companies participating in the Rouse Analytics Rental Metrics Benchmark Service. Rates are 3.8% higher than September of last year; up nearly 26% relative to January 2011, the report states.
You can download a pdf of the December 2014 report here.
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