The December Rouse Value Index for used equipment decreased to 44.1, down 0.7% from November values. This is 1.1% higher than prior peak of 43.6 in April 2007, and 48.5% higher than prior trough 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.
December auction sales of rental & construction equipment tracked by Rouse averaged 3.2% higher than Rouse November FLV values. Rouse recorded 3,104 units that sold at 33 separate auction sales conducted across North America. The units represented a combined FLV (as of November 30th) of $104.8 million and generated $108.1 million of gross auction proceeds.