The April Rouse Value Index™ for used equipment prices increased to 45.5, up 0.8% from March values. This is 5.1% higher than the prior peak period of 43.3 in April 2007, and 53.2% 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.

April auction sales of rental and construction equipment tracked by Rouse averaged 3.5% higher than Rouse March FLV values. Rouse recorded 1,892 units that sold at 25 separate auction sales conducted across North America. The units represented a combined FLV (as of March 31st) of $48.9 million and generated $50.6 million of gross auction proceeds.

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