Posted December 3, 2014
Rouse Rental Report for November
Used equipment prices were up, auction sales were lower and achieved rental rates improved, according to the November issue of the Rouse Rental Report. You can access a pdf here.
Highlights:
- The October Rouse Value Index for used equipment prices 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 & construction equipment tracked by Rouse averaged 0.1% lower than Rouse September FLV values.
- During August, 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.
PRO CONTRACTOR RENTALS MAGAZINE
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