The February Rouse Value Index for used equipment prices increased to 44.8, up 1.6% from January values. This is 2.8% higher than the prior peak period of 43.3 in April 2007, and 50.8% higher than prior trough period of 29.7 in June 2009. The Rouse Value Index measures the average Orderly Liquidation Values for benchmark
models across fourteen major rental category indices on a monthly basis.

February auction sales of rental and construction equipment tracked by Rouse averaged 5.7% higher than Rouse January FLV values. Rouse recorded 4,904 units that sold at 15 separate auction sales conducted across North America. The units represented a combined FLV (as of January 31st) of $172.5 million and generated $182.3 million of gross auction proceeds.

To read the full March 2014 Rouse Rental Report, click here.