The August Rouse Value Index™ for used equipment prices decreased to 45.6, down 0.1% from July values. This is 5.4% higher than the prior peak period of 43.3 in April 2007, and 53.7% 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.

August auction sales of rental and construction equipment tracked by Rouse averaged 3.4% lower than Rouse July FLV values. Rouse recorded 2,310 units that sold at 25 separate auction sales conducted across North America. The units represented a combined FLV (as of July 31st) of $72.6 million and generated $70.1 million of gross auction proceeds.

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